Strong production growth fuels booming economy

If these expectations are met this could be a good prognosis for economic growth, one which could perhaps exceed the expected 5% not only in Q2, but also in Q3 this year. Good production results are not a threat to inflation though, according to Bank Handlowy economist Piotr Bielski. He points to productivity of plants rising faster than salaries, which in July increased by 8% only. So far overseas demand has boosted the economy, now domestic demand is also beginning to shape up and balance exports. According to Małgorzata Krzysztoszek,the experts department director in the Polish Confederation of Private Employers Lewiatan, a booming economy and growing internal demand will force companies to carry out investments sooner or later. (Puls Biznesu, p.6) J.L.