DATA SNAP: Polish 2008 Trade Deficit Widens To EUR24.76 Bln

DATA SNAP: Polish 2008 Trade Deficit Widens To EUR24.76 Bln
    By Marek Strzelecki and Malgorzata Halaba    Of DOW JONES NEWSWIRES  


WARSAW (Dow Jones)--Poland's foreign trade deficit widened to EUR24.76 billion in 2008 from a deficit of EUR18.55 billion in 2007, data issued Monday by the Central Statistical Office, or GUS, showed.

Exports totaled EUR114.57 billion after 12 months, while imports came to EUR139.33 billion, GUS said. The figures are preliminary.

As expected, the data showed a slowdown in Polish export growth as key trading partners in Western Europe slipped into recession.

In the 12 months to Dec. 31, exports rose 12.5% on the year, down from a 14.0% rise through November.

Import growth held up better,slippingto an annual 15.7%, from 17.4% through November.

GUS Web site: www.stat.gov.pl

-By Marek Strzelecki and Malgorzata Halaba, Dow Jones Newswires; +48-22 528-6787; malgorzata.halaba@dowjones.com

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(END) Dow Jones Newswires

February 16, 2009 08:09 ET (13:09 GMT)


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