Analysts expect December's industrial output growth to be at 20%

Analysts expect that December could see a growth of as much as even 20% in the industrial sector, and believe GDP growth for 2003 will be 3.5%. At the same time, in terms of GDP growth, Poland took over the Czech Republic and is slowly catching up with Hungary. The biggest factor behind the growth are booming exports. "Exporters were quick to restructure themselves and they have low costs. This will help them remain on foreign markets, even if the złoty goes up," explained Arkadiusz Krześniak from Deutsche Bank. (Gazeta Wyborcza, pp. 1, 19) M.M.