Polish Weekly Review, 18 października 2013

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Last week was abundant in data from the real economy. CPI, average wage, employment, industrial and construction output, all were published this week. The releases came in a rather mixed tone. Both the labor market and the industrial output data disappointed and inflation surprisingly fell, driven by a one-off. However, it should not be interpreted as a harbinger of easing growth momentum, we still think that the recovery is proceeding.

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