The Polish economy expanded by 3.5% year-on-year in the first quarter of 2026, slightly above preliminary estimates but slowing from an over three-year high of 4.1% in the previous quarter. Growth in domestic demand was 3.7%, down from 4.6% in Q4 2025, driven by household consumption (3.3% vs 4.3%) and public spending (6.0% vs 7.7%). Gross fixed capital formation also lost momentum (2.4% vs 6.6%). Moreover, net exports weighed on growth as imports rose 6.1%, while exports increased by a smaller 5.6%. On a seasonally adjusted quarterly basis, the economy grew 0.6% in Q1 2026, slightly above preliminary estimates but easing from 1.0% in the previous period and marking the weakest expansion since the contraction recorded in the third quarter of 2024.