Poland's sold industrial production's growth will probably stabilise in July, according to the ministry of economy's experts. They expect the seasonally-adjusted growth to amount to around 2.0% y/y vs. June's 2.1% y/y.
As compared to June of 2013, an increase in sold production was reported in 20 (out of 34) industry divisions. GUS stressed that in most of them, however, the growth was slower than recorded a month before, which could be associated with weakening sales growth of industrial production for exports.
The ministry's experts pointed to a sizeable growth of furniture sales (by 10.2%) and a decline of coal sales (by 13.5% y/y).
Bank economists expect the indicator to recover shortly from its lower results, as domestic demand continues to strengthen and exports are vulnerable.
Poland will skip no touchy topics in talks with President Recep Tayyip Erdogan, visiting Warsaw on October 17, the office of President Andrzej Duda said ahead of the visit by the Turkish leader, ... more
The Polish anti-monopoly body UOKiK has cleared the state-controlled power conglomerate PGE to take over the Polish assets of French peer EDF on condition that power from one acquired ... more
Poland will not comply with the Court of Justice of the European Union’s injunction on logging in the ancient Bialowieza Forest, a newswire report claimed on August 4. Warsaw’s stance in ... more