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Polish Market
ECONOMIC MONITOR
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Polish economy is still growing at a relatively fast rate
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In the four months to April, sales were 9.8% higher year on year
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Construction companies are optimistic
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Services are a sector of growing importance in the Polish economy
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In May 2008 the general climate in the retail sector did not change from April.
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In May 2008, the two consumer confidence indices weakened
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Monetary Policy Council warns of rising inflation
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Jobs on the rise, the number of unemployed decreasing
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In the 1st quarter of 2008 corporate profitability was still very high
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Budget surplus recorded in January-April 2008.
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Summary
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PODCAST
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Polish Market against climate change
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Competitive clusters increase productivity
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Wieliczka underground spa in World Heritage site
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Polish pavilion at EXPO 2008
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Polish universities make a bid for Chinese students
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Pakistani businessmen are eyeing Poland with interest as a springboard for trade with the single European market.
COMING UP
CEE Wind Power
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WEEKLY MARKET ANALYSIS
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Poland hoists interest rates_ As we expected and in keeping with market consensus, Poland’s Monetary Policy Council (RPP) raised all interest rates by 25 base points. Not surprisingly RPP’s main reason for the move were pessimistic inflation forecasts and the resulting risk of second-round effects.
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MARKET INFO
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