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Despite fall in industrial performance, exports continue to rise in November

Industrial performance declined in November fueled by falling output due to less demand for goods. Analysts consider this to be within the limits expected for this time of year. Likewise, the industrial confidence index slumped by 5 points to a level of five. Classified by sector, state-owned companies performed better than private ones with the index nearing seven and zero respectively. As of September, industrial output levels have remained steady with production of consumer goods remaining constant while investment fell slightly. The marginal costs of production dropped at state industries while it rose at private ones. Despite the general fall in industrial output, the volume of exports for both sectors rose. Assessed by type of industry, the best performance was that of paper and electrical goods producers while industries using non-metallic raw materials performed worst. The industries in the northern part of the country tended to perform better while those around Warsaw were seen as struggling. (Rzeczpospolita, p. B2)

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