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The Polish economy advanced by 3.2% year-on-year in the first quarter of 2025, matching preliminary estimates and easing from a 3.4% gain in Q4 2024. The GDP growth slowdown was due to a slower increase in household consumption (2.5% vs 3.5% in Q4 2024) and a negative contribution from net trade. However, the slowdown was partially offset by a strong rebound in gross fixed capital formation (6.3% vs -6.9%). On a seasonally adjusted quarterly basis, the economy grew by 0.7% in Q1 2025, matching preliminary estimates and following a 1.4% gain in the previous three-month period.