Poland: Economic Trend Reversal Likely

BusinessEconomy ♦ Published: July 23, 2013; 17:19 ♦ (Vindobona)

In the 1st half of 2013, together with still unfavourable business tendencies on global markets, the economic slowdown maintained in Poland. However, forecasts give reason for cautious optimism..

Poland: Economic Trend Reversal Likely / Picture: © Vindobona.org

However, in the 2nd quarter of 2013, in some areas of economic activity an improvement in the dynamics was recorded as compared to the one observed in the initial months of the year. Following a drop in the 1st quarter, in the period of April-June of 2013 sold production of industry increased in annual terms. Retail sales were higher than in the 2nd quarter of the…