Poland's GDP growth a sign of economy's strength - FinMin

The finance minister has stated that the recent economic expansion data show the strength of the Polish economy, which has been quickly returning to a path of growth after the coronavirus-related crisis.

The Central Statistical Office (GUS) reported on Tuesday that Poland's GDP rose by a record 11.1 percent year on year in Q2 2021. In an earlier flash estimate, GUS said that Q2 GDP would grow by 10.9 percent year on year.

"Today's GUS data are a sign of the strength of the Polish economy," Minister Tadeusz Koscinski told PAP on Tuesday.

"Owing to the effective measures taken by the government and thanks to its responsible economic policy, the economic growth in Q2 2021 was higher than before the pandemic, that is in Q4 2019," Koscinski added.

The finance minister also said that both the quarter-on-quarter and year-on-year data were better that the ones presented by GUS in a flash estimate two weeks ago.