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Poland's economy grew by 4.3% in 2011 - preliminary data

27th January 2012
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The Polish economy grew by 4.3 percent last year, according to preliminary data released by the Central Statistical Office (GUS) on Friday. The result is equal to or better than most analysts' predictions.

Moreover, gross fixed capital formation grew by 8.7 percent in 2011 while domestic demand rose 3.8 percent. Unemployment was at 12.5 percent at the end of last year.

The 2011 result is an improvement over the 2010 performance, when the economy expanded by 3.9 percent.


From Warsaw Business Journal by Remi Adekoya


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