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Poland’s GDP grew 3.2 percent year-on-year in the second quarter of 2024, in line with the preliminary estimate and accelerating from a 2 percent expansion in the previous quarter. This was the strongest economic growth since the third quarter of 2022, as household consumption increased (4.7 percent vs 4.6 percent in Q1), as well as the gross fixed capital formation (2.7 percent vs -1.8 percent). Additionally, foreign demand contributed positively to GDP as exports and imports rose by 3.4 percent and 5.4 percent, respectively. Meanwhile, public demand slowed (10.7 percent vs 10.9 percent). On a seasonally adjusted quarterly basis, the economy expanded 1.5 percent, aligning with earlier estimates and following an upwardly revised 0.8 percent growth.