Industrial new orders in Poland increased by 12.5% y/y in February of 2014 after rising by 6.5% y/y a month earlier, according to national stats office GUS. In monthly terms, new orders declined by 4.7% in February.
Thus, the ratio rose for the second time in a row after two months of declines that followed five months of growth.
The new orders index measures the value of future deliveries of products and services (which are directly linked to these products) to be provided by a producer to a third party on the domestic and non-domestic market.
Poland broke EU law by increasing logging in the ancient Bialowieza Forest under a pretext of fighting spruce beetle, the Court of Justice of the European Union (CJEU) ruled on April 17. The ... more
Standard and Poor’s raised its outlook for Poland from stable to positive on April 13, while maintaining the country’s rating at BBB+. The raising of the outlook is based on ... more
Finland has issued a second and final permit for the construction of the controversial Nord Stream II pipeline that is to pump gas from Russia directly to Germany via a Baltic Sea route, the Regional ... more