Positive economic growth could herald in more restrictive monetary policy

Much of this was due to favorable conditions for domestic industry, which in March sold goods worth 23.8% more than the year previously. This revival of fortunes was noted in 26 out of the 29 sectors of the economy, with the most rapid growth being found in the industrial processing sector, which recorded 23.7% growth during Q1. However, in March alone, the automotive sector grew by 74%, while the growth in the sectors for other transport equipment and non-metal goods amounted to 66% and 47%, respectively. Last month turned out also to be fairly favorable for the construction sector, which recorded a growth of 6.3% on last year's figures. Analysts believe that these results might convince the Monetary Policy Council to adopt a more restrictive policy stance. (Rzeczpospolita, pp. B3) M.M.