Exports up by 4.7% in October - KUKE

Exports of goods from Poland increased in October by 4.7 percent year-on-year reaching €14.940 billion, according to the Export Credit Insurance Corporation (KUKE). In month-on-month terms exports grew by 4.8 percent. Exports growth in October is a typical result, the KUKE said. It is then that purchases peak in preparation for the Christmas season. The firm expects the total value of Poland exports this year to come in at €157.7 billion, 6.1 percent higher than last year. Its forecasts for 2015 are even more optimistic, with total exports reaching €175.8 billion, an 11.5 percent increase y/y.