Poland's exports up 10.7 pct y/y in September - business chamber

Poland's exports increased by 10.7 percent year on year and by 10.7 percent month on month in September 2019, according to experts from the Polish Chamber of Commerce (KIG).

"Currently available data regarding the condition of the real economy and the opinions of KIG members allow us to estimate that exports amounted to EUR 19.54 billion in September 2019," KIG experts wrote, adding that amount is likely to be much higher than it was in August.

In the opinion of KIG, September exports are a sign of a 'new opening,' which is typical of the period after summer holidays, and also a reaction to the correction recorded in August, when exports went down by 8.5 percent.

According to KIG, in 2019, Poland's exports will likely grow by 6.2 percent to EUR 230.3 billion from EUR 216.9 billion in 2018, and in 2020 they will increase by 7.1 percent year on year to EUR 246.7 billion.