Polish industrial design promotion in Spain

Between September 15 -25th in Madrid modern industrial design and functional art designed by Polish artists are to be presented on an exhibition "Designed in Poland”. The exhibition will take place in the Trade and Investment Promotion Section of the Embassy of the Republic of Poland, Av. Doctor Arce 25, Madrid.

The exhibition intends to draw attention to the characteristic features of the Polish functional art and to encourage Spanish customers to reach for Polish goods. Among the exhibits were elements designed for interior decoration, jewellery, porcelain, artistic and functional glass creations, fixture, carpets, toys, bikes, everyday articles and many more. High quality and extraordinary patterns combining traditional and modern designs constituted the most characteristic feature of all the exhibits. Visitors will be presented with an informative catalogue containing photos and information about presented products.
The exhibition is to be opened on September 15th. During the opening of the exhibition a fashion show presenting Natasza Pavluschenko’s collection “The Glitter of Evening” will take place as well as a presentation of amber jewellery designed by Mariusz Gliwiński and made by AMBERMODA company.
The event was prepared by the Polish Information and Foreign Investment Agency and forms part of the economic programme realised in the frame of Polish participation in the Saragossa EXPO 2008.
We invite you to visit the exhibition and hope that the selected works of Polish artists will be a source of a unique and unforgettable experience for you. (PAIiIZ)

Polish Market

ECONOMIC MONITOR

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• ● In December 2009 and January 2010, as in previous months in the second half of 2009, the Polish economy stood out against other countries in terms of GDP growth. Poland’s economic growth was higher than projected and higher than in other European countries.
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• In 2009 construction output increased by 3.7%.
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• Retail sales increase in most product groups.
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• On the Warsaw Stock Exchange, stock prices were very volatile in January 2010.
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• At the end of December 2009 the registered unemployment rate (claimant count rate) amounted to 11.9% versus 11.4% in November.
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• At the end of January the president signed the 2010 budget bill into law. The bill was adopted by the parliament on December 18.
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• In the fourth quarter of 2009 the Polish economy turned out to be more resistant to the global crisis than had been projected and than the economies of Polish neighbours, something which boosts optimism in forecasts for 2010 and the next years.
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COMING UP

18th International Defence Industry Exhibition >>

WEEKLY MARKET ANALYSIS

Retail sales up again in June
Retail sales growth in nominal terms accelerated in June to 6.4% y-o-y from 4.3% y-o-y in May. The increase was higher than expected. In real terms, retail sales growth accelerated to 4.5% y-o-y from 2.0% y-o-y. June was a consecutive month with retail sales figures stronger than expected, which indicates that consumption is recovering after it slowed significantly at the beginning of the year. Private consumption is driven by an improvement on the labour market coupled with a rise in disposable incomes. In Q2 2010 retail sales grew by around 3% y-o-y in nominal terms and around 1% y-o-y in real terms. On the basis of retail sales and industrial production data, it can be estimated that the GDP growth rate was close to 3%.

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