Polish economy grew 4.3 per cent in 2011

New govt data show that Poland's economy grew by a brisk 4.3 % in 2011, an acceleration over the already strong 3.9 % growth rate of the previous year.

WARSAW, POLAND: New government data show that Poland's economy grew by a brisk 4.3 per cent in 2011, an acceleration over the already strong 3.9 per cent growth rate of the previous year.

The figures, released on Friday by the state Central Statistical Office, underline how strongly the economy has continued to grow in Poland, the largest of the ex-communist countries now in the European Union.

Though Poland's economy has proven unusually resilient, even growing when the rest of the EU fell into recession in 2009, the pace of its growth is expected to slacken this year to around 2.5 due to the new financial troubles in Europe.

Other statistics released on Friday show that the jobless rate in December jumped to 12.5 per cent in December from 12.1 per cent in November.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › Polish economy grew 4.3 per cent in 2011
Text Size:AAA
Success
This article has been saved

*

+