Poland’s Gross Domestic Product (GDP) decreased by 0.5% YoY in the second quarter of 2023, the Central Statistical Office (GUS) reported.
Compared to the previous quarter, the economy fell by 3.7%, GUS said in a flash estimate.
Poland’s economy contracted by 0.3% in the first quarter of 2023, after a 2.3% growth in the fourth quarter 2022.
Economists polled by PAP expected the GDP to fall by 0.2% in April-June.
GUS will report final second quarter GDP growth data on August 31. (PAP/Business World Magazine)