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Indexes show bright future

The Polish Confederation of Private Employers (PKPP) has announced a string of positive results from its business indexes.

The quarterly business index came in at 54 points (one point higher than in April), the semi-annual index reached 56, while the annual index was most impressive, at 62 points (four points higher than the figure for April).

"We can expect an increase in economic growth in the remaining part of the year," PKPP's economic expert, Dr Stanisław Kubielas, said.

The group's other indexes showed equally optimistic results. Its financial and macroeconomic indexes came in well above 60 points. As Dr Kubielas points out, the robust state of the banking sector "creates favorable conditions to increase investments."

Michał Pakulniewicz

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