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Polish exports seen picking up

16.08.2019 11:00
Polish exports are likely to pick up during the second half of 2019, compared with the first half of the year, a government ministry has said in a forecast.
Image by Jarosław Bialik from Pixabay
Image by Jarosław Bialik from Pixabay pixabay.com/Pixabay License

The Ministry of Entrepreneurship and Technology said it expected the country's exports to hit a growth rate of 6 percent year-on-year in the second half of 2019.

Meanwhile, imports are expected to grow by around 5 percent, the ministry said earlier this week.

It wrote in a statement accompanying the prediction: “We expect that in the next couple of months there will be a return to positive trends in Poland’s foreign trade.”

Polish exports rose 4.3 percent year-on-year in the first six months of 2019.

The country closed the first half of 2019 with a trade deficit of around EUR 200 million, down from EUR 1.9 billion a year earlier, Poland's Central Statistical Office (GUS) has reported.

(sl/gs)