Despite a recent uptick in the Polish market, sentiment remains bearish as real economic growth will...
Despite a recent uptick in the Polish market, sentiment remains bearish as real economic growth will require an overhaul of fiscal policy and a cut in rates. Rafal Wiatr, head of Polish equity research for SchroderSalomonSmithBarney, says economic data published for January points to an upward trend in economic activity in the country. Industrial production was up 3.5% year-on-year, with a 4.7% increase in manufacturing and retail sales were up 6.4%, the strongest year-on-year reading since July 2002. 'Exports are still holding strong, appearing almost unaffected by the EU downtu...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes