Forex - Poland: Q1 GDP growth ticks up to 5.1% y/y


 08:14 (GMT) 15 May

  [Economic Data]

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Poland: Q1 GDP growth ticks up to 5.1% y/y (0100-ZTXN-C01)

The first estimate of Q1 GDP showed growth ticking up to 5.1% y/y from a downwardly revised 4.9% y/y in Q4 2017, above the consensus forecast of 4.8% y/y. In seasonally adjusted terms GDP growth was 1.6% q/q after 1.0% q/q in Q4, above the consensus forecast of 1.3% q/q. We will have to wait for the second estimate for the breakdown, though we believe that both investment and household consumption have contributed to stronger growth.


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