By Martin M. Sobczyk
WARSAW--Poland's fixed investments fell 7.7% in annual terms in the third quarter, weighing on economic growth, the country's statistics office said on Tuesday.
The office said the European Union's largest emerging economy grew 2.5% in annual terms in the third quarter, confirming an earlier flash estimate. The growth rate for the second quarter was 3.1%. Poland's growth in the first nine months of this year was 2.9% in annual terms.
Poland's growth in the third quarter was largely driven by domestic demand, said Maria Jeznach, a director at the statistics office.
The construction sector was particularly weak in the third quarter, with gross value added in this sector falling 16.5% in annual terms.Write to Martin M. Sobczyk at Martin.Sobczyk@wsj.com
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(END) Dow Jones Newswires
November 30, 2016 04:44 ET (09:44 GMT)
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