Poland GDP Growth Falls in 2026Q1

Poland's Q1 2026 GDP growth fell to +0.5% qoq, missing consensus expectations due to cold weather, though underlying activity remains stable.

Key Takeaways

• 1.Poland's GDP growth slowed to +0.5% qoq in Q1 2026, down from +1.0% in Q4 2025, missing consensus expectations of +0.7%.
• 2.Unusually cold weather at the start of the year is cited as a primary factor for the negative impact on Q1 growth.
• 3.Goldman's proprietary Current Activity Indicator (CAI) indicates underlying growth remains stable and stronger than CEE peers.

Table of Contents

• Bottom Line
• Disclosure Appendix
• Reg AC
• Disclosures
• Global product; distributing entities
• General disclosures

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