In August, industrial production expanded a robust 8.1% over the same month last year, which represented a strong rebound from the 1.8% increase recorded in July and exceeded market expectations of a 2.7% rise. In fact, the August increase marked the fastest pace since February. A month-on-month comparison confirms the strong rebound implied by the annual data, as industrial production added a seasonally adjusted 2.2% over the previous month, exceeding the 0.4% increase in July. Despite the strong August reading, the trend continued to deteriorate, with annual average growth in industrial production falling from 8.4% in July to 7.9% in August.
Industrial output expands at fastest pace in six months
September 19, 2011
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Poland Economic News
October 19, 2016
In September, industrial production expanded 3.2% over the same month last year, which was notably below the 7.5% expansion recorded in August.
October 12, 2016
According to the Central Statistical Office (GUS), consumer prices recorded flat growth over the previous month in September, which followed the 0.2% decrease recorded in August.
October 5, 2016
As anticipated by market analysts, the National Bank of Poland (NBP) decided to keep the reference rate at the record low of 1.50% at its 4–5 October monetary policy meeting.
October 3, 2016
The Manufacturing Purchasing Managers’ Index (PMI) rose from August’s 51.5 to a six-month high of 52.2 in September, according to IHS Markit.
September 30, 2016
According to a preliminary estimate released by the Central Statistical Office (GUS) on 30 September, consumer prices recorded flat growth over the previous month in September, which followed the 0.2% fall recorded in August. In annual terms, consumer prices dropped 0.5% in September, which was a less pronounced decline than the 0.8% fall recorded in August.