WSE hits record high - and its going to get even better

As a result, the value of the savings that Poles hold in mutual funds, for example, gained a staggering zl.1.2 billion on the day. Meanwhile, the bright outlook for the economy was confirmed by a fresh set of forecasts released by the Polish Academy of Sciences (PAN), which predicts growth of 6% this year. One of the main engines of GDP growth has been a surge in private consumption thanks to rising incomes, which translates into higher business investment. However, a combination of fast GDP growth and rising salaries makes interest-rate hikes more likely. (Rzeczpospolita p. A1, B3) R.M.