Poland Q3 GDP Growth Improves Unexpectedly

Poland’s economic growth accelerated unexpectedly in the three months ended September, flash data from the Central Statistical Office of Poland showed Friday.

Gross domestic product rose a seasonally adjusted 3.6 percent year-over-year in the third quarter, slightly faster than the 3.5 percent climb in the previous month, which was revised from 3.6 percent. Economists had expected the growth to ease to 3.3 percent.

The non-seasonally adjusted GDP also advanced at a faster pace of 3.4 percent in the September quarter, following a 3.3 percent rise in the preceding quarter.

On a quarterly basis, the economy expanded 0.9 percent in the three-month period to September, following a 0.8 percent increase in the previous three months.

The material has been provided by InstaForex Company – www.instaforex.com

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