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Investment hits new highs

A heavyweight report on investment published by the National Bank of Poland concludes: "For the second quarter running we observe a growing recovery in investment activity. At the same time, demand and new orders forecasts by companies offering investment goods are increasingly optimistic."

The survey also found that industrial output would probably drop by four percent year-on-year in April, partly due to a high base effect in comparison with the strong production numbers preceding Poland's entry into the EU this time last year.

Industrial output is expected find growth again this month. A.K.

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