25
Apr
20:16
CEE growth continues, but German slowdown threatens: Ferona
Central and Eastern European economic growth should still reach 3% in 2019 despite slowing on-year, but German growth – to which it is strongly linked – is under threat from various factors. So says Czech distributor Ferona’s corporate audit director, Jan Moravec.
The CEE growth will come despite extremely low unemployment rates and rising wages, according to Moravec, with Poland and Slovakia the top performers, each with GDP growth of 3.5%.
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Anonymous
Very good overview of the weekly steel market.
Anonymous