Polish economy slows as Ukraine conflict drags on ...News

Economy by : (Russia Today) -
The country’s GDP growth decelerated to 4.9% in 2022, official statistics show Poland’s GDP growth in 2022 slipped from the previous year amid soaring inflation and a plunge in consumer spending brought about by the conflict in neighboring Ukraine and the impact of anti-Russia sanctions, according to data from the country’s statistics agency. A flash estimate released on Monday shows the country’s GDP having grown by 4.9% in 2022, down from the 6.8% recorded in 2021. The growth was driven largely by industrial production, the rebuilding of inventories, exports, and investment. Consumption, however, registered a st

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