GUS report on first quarter; public told to hope for recovery in second qua rter
Data published by the Central Statistical Office (GUS) shows that there has
been no economic recovery in the first quarter of 2002. Reviewing economic
figures for the period from January to March, GUS' deputy chairman Janusz W
itkowski, yesterday said that "Unfavorable tendencies causing slower econom
ic growth continued in the first three months this year. One has to hang on
es hopes for a recovery on the second quarter". The figures for industry and
the construction sectors are worse than a year ago, foreign trade was incre
asing at a slower pace during the first two months of 2002, compared to the
same period last year and unemployment still remains a serious problem, par
ticularly among the young. (Rzeczpospolita, p. B2), M.T.