KUKE: Polish exports up by 11% in December y/y

Polish exports grew by 11 percent in December 2014 year-on-year reaching €12.47 billion, according to the Export Credit Insurance Corporation (KUKE). In month-on-month terms, however, exports fell by 8 percent. Exports decline in December is a typical result as the purchases fall after the October peak in preparation for the Christmas season, the KUKE said. KUKE also informed, that it has lowered exports growth forecasts for 2015 from 10.9 percent to 9.4 percent.