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Poland: Recovery in Mid-2013

Published: December 20, 2012; 00:15 · (Vindobona)

Poland´s new Deputy Prime Minister Janusz Piechocinski forecasts an upward trend beginning in the second half of next year.

According to Piechocinski, Poland´s economy will recover in the medium term. In the last quarters, Poland´s growth rate fell substantially. In November, Poland´s industrial sector registered a decrease in production of 0.8% compared to November 2011. Compared to the previous month, output was down by 4.6%. After the expansive monetary policy of NBP (Polish…

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