GUS Predicts the economy with gather speed in the Q3

According to Gazeta Wyborcza, the economy is gaining speed and the thr ee-year slowdown is on the wane. Data from the Central Statistical Office (GUS), which says that companies have increased investments and Poles are buying more, supports this statement. "I would like to be shocked this way more than once, production has jumped by 10.3%", said GUS president Janusz Witkowski at a press conference, Friday. He also added that the high p roduction level is not the only herald of this economic revival. Data from the first half of 2003, as well as available materials from July prove that. From the point of view of economic stability, investments are the most essential factor. When a company expands, it envisages being able to sell its products for a longer period. Investments have been on the decline for the past two years, but the economy has seen a small improvement in the last few quarters and economists hope in the third quarter of 2003, the economy will slowly gather speed. (Gazeta Wyborcza, Aug. 23-24; p. 1) A.Z.