In January, industrial production expanded 10.3% over the same month the year before. The reading came in below the 11.4% growth recorded in December but exceeded market expectations of a 9.8% gain. Production increased in all-subsectors, with notable improvements in mining and quarrying and electricity, gas and steam, which swung from a contraction in December to positive growth in January. A month-on-month analysis points to a much worse development than suggested by the annual figures, as industrial production contracted 6.4% over the previous month. That said, the trend improved a notch, with the annual average industrial production growth rate inching up from 11.1% in December to 11.2% in January.
Industrial production decelerates in January
February 18, 2011
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Poland Economic News
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.
September 30, 2016
The manufacturing sector business climate index decreased from 4.8 points in August to 3.3 points in September, according to the Central Statistical Office’s Business Tendency Survey (GUS-BTS).