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Polish exports to slowdown in upcoming months


2008-09-22

Given the strong zloty and noticeable worsening of economic conditions in the eurozone (where more than half of Polish exports are directed), we expect a slowdown in the export growth rate in the coming months. Consequently, by the end of the year the foreign trade deficit will deepen to €23.3bn, i.e. 6.5% of GDP.



Paweł Sionko
Construction Market Analyst, PMR

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