Wednesday, February 22nd, 2012
Poland's economy grew by 4.3% in 2011 - preliminary data
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
Also check out:
Goldman, BNP Paribas raise predictions for Polish GDP
Polish exports up, for now
Belka backs loan to IMF
Wages in Poland's private sector grow 8.1 percent
Moody's downgrades six euro countries
Goldman, BNP Paribas raise predictions for Polish GDP
Polish exports up, for now
Belka backs loan to IMF
Wages in Poland's private sector grow 8.1 percent
Moody's downgrades six euro countries
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