Poland holds on to economic growth despite slowdown in select sectors
July 24, 2014
Polish economy remains on growth course despite slowdown in select sectors in June, the Central Statistics Office (GUS) Vice-President Halina Dmochowska told a press conference on Wednesday.
"Partial data for Q2 show that the growth tendency has been maintained despite a weakening of growth rates in some of the areas in June," Dmochowska said.
The annual slowdown in Q2 vis-a-vis Q1 pertained to industrial and construction output, but Q2 retail sales growth "despite a slight weakening" remained faster than in the "subsequent quarters of last year," GUS said in its June report. Transport services sales accelerated slightly.