Poland's exports seen increasing 9.4pct y/y in November
January 7, 2013
Poland's EUR-denominated exports likely increased by 9.4% year on year to EUR 13.2 billion in November, on a 6.7% month on month decline, export insurer KUKE said in a statement.
The PLN-denominated exports in November amounted to PLN 54.6 billion, on a 6.1% monthly decrease and a 2.2% annual growth, according to the report.
Poland's EUR-denominated exports in November 2012 - January 2013 should increase by 7.8% y/y, while the PLN-denominated figure should be lower by 0.3%, KUKE said.
FY 2012 exports denominated in euro are expected to rise by around 5.0% y/y to EUR 147.1 billion, while the zloty-denominated figure will likely hit PLN 615.3 billion, up by 6.6%, KUKE said.
In 2013, exports will likely rise by 7.1% y/y to EUR 157.6 billion. PLN-denominated exports are expected to rise by 2.1% to PLN 628.2 billion.