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Double digit industrial growth figures shock analysts

"The result turned out to be better than expected. The economy is entering Q4 with a very good pace of around 6%," said CitiBank Handlowy economist Piotr Kalisz. However, according to analysts the good result in the production sector is being brought down by the poor data from the construction-assembly sector. "4.2% y-o-y growth is disturbing, moreover, the construction-assembly production slowed down almost to zero a month ago. This is a result of the high reference base for last year, but also of the limits in supply (of employees and materials)," said Bank BPH economist Ryszard Petru. However, the return of growth in this sector is expected by analysts within the few coming months.

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