Polish economy is soaring because of the domestic consumption

In this year's first quarter, Polish economy grew by 4.4 percent, compared to the previous year, just like in the previous quarter.

The datas of the Polish statistics office are consistent with the previous expectations. To the 4.4 percent annual growth rate, consumer spendings were the largest contributor with 2.9 percentage points, while gross fixed capital formation with 1.6 percentage points, but the contribution of export is negative: -0.1 percentage points – reports portfolio.hu.