Poland's economy contracted at a more moderate rate of 1.2% y/y in Q1 2021
Poland's real GDP continued to contract on an annual basis in Q1, declining by 1.2% y/y, unadjusted data shows.
Poland's real GDP continued to contract on an annual basis in Q1, declining by 1.2% y/y, unadjusted data shows. This follows a drop by 2.7% y/y in Q4 2020.
On a quarterly basis, however, the economy managed to post a positive change - an increase by 0.9% q/q, seasonally-adjusted, compared to a 0.5% drop in the last quarter of 2020.
Sign in for further data and analysis on Poland’s economy on the CEIC Poland's Economy in a Snapshot – Q1 2021 report.