Poland's exports to surge by 13-14% y/y in 2011 - KUKE.

By bne IntelliNews August 4, 2011
Poland's EUR-denominated exports are expected to surge by 13-14% y/y in 2011, the chief economist of export insurer KUKE, Piotr Soroczynski, told PAP news agency. This forecast is above the 12%, expected in the beginning of the year. Soroczynski said that after a 20% hike in H1, the growth rate will decelerate to 10% on the base effects in H2. The PLN-denominated exports are to soar by 11-12% in the year. In 2012, the growth rate is expected to ease to 11-13%.
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