Thursday, May 31, 2007

Polish Economy Expanded at Fastest Rate in 10 Years in the First Quarter

(Bloomberg) -- The Polish economy accelerated at the
fastest pace since 1997 as rising demand for homes and consumer
goods fueled investment by companies while growth in the
European Union fed exports.

The economy grew an annual 7.4 percent in the first quarter
after expanding 6.6 percent in the fourth quarter of 2006,
exceeding the median estimate of 18 economists surveyed by
Bloomberg on May 9-31 of 7.3 percent. First-quarter growth in
the 13 countries that use the euro was 3.1 percent.


Read more at Bloomberg Emerging Markets News

No comments: