KUKE: exports grew by 5.3% y/y in February

Polish exports increased by 5.3 percent year-on-year and totaled €13 billion in February, according to the Export Credit Insurance Corporation (KUKE). It has maintained export growth forecasts for this year at 9 percent. Exports declined by 3.1 percent on a monthly basis, KUKE also reported in a press release. The value of exports denominated in the Polish currency amounted to PLN 54.16 billion in February, an increase of 6.1 percent m/m and a growth by 4.6 percent y/y. KUKE predicts that exports will rise by 9 percent and will total €172 billion in 2015.