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Poland's economic growth slowed to 2% last year

Polish growth slows to 2% in 2012 from 4.3% in 2011
Polish growth slows to 2% in 2012 from 4.3% in 2011

New government statistics show that Poland's economic growth likely slowed to 2% in 2012, down from 4.3% the year before.

The fall comes amid concerns that one of Europe's fastest growing economies has fallen victim to the region's economic troubles.

The figure, a preliminary estimate published today by Poland's Central Statistical Office, was in line with the expectations of many economists.

A key reason for the slowdown is a slump in domestic demand as household spending has fallen to what appears to be its slowest rate since the early 1990s, according to London-based Capital Economics.