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Top News

Polish output data do not point to slowdown: Finance Minister

WARSAW : Poland 's seasonally adjusted industrial output data for July do not indicate a slowdown in the economy, Finan
Published August 19, 2011

jacek-rostowskiWARSAW: Poland's seasonally adjusted industrial output data for July do not indicate a slowdown in the economy, Finance Minister Jacek Rostowski said on Friday.

"Seasonally adjusted output in July rose by 4.6 percent. This data is not proof of a slowdown in the economy," Rostowski said.

Unadjusted industrial output rose 1.8 percent in annual terms in July, down from 2.0 percent in June and below a forecast for a 3.4 percent increase, statistics office data showed on Thursday.

 

Copyright Reuters, 2011

 

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