Poland Weekly Review

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Weekly report summing up the events of the past week and their impact on the short-range exchange and interest rate level. The report also contains forecasts regarding the macroeconomic indexes published in the forthcoming week. Available in the English language.
Poland Weekly Review, 29 July 2010
Solid dip in consumer confidence in June made us thoroughly re-think the perspectives for individual consumption. However, the vision of solid deceleration of consumption, as served by the avalanche in business confidence, stood at odds with 1) fierce growth of mortgage (reflecting broader sentiment within households), 2) dynamic expansion of industrial output (proxy for the and employment (proxy for household incomes).