Poland Industry


Industrial production slows in November

In November, industrial production rose 2.9% over the same month last year. The increase marked a deceleration from the 4.4% rise tallied in October, but beat market expectations of a 1.7% increase. The result reflected growth in the water supply and waste management sectors, in mining and quarrying, as well as in manufacturing.

On a month-on-month basis, industrial production increased a seasonally-adjusted 0.3%, which was a slight increase over the 0.2% expansion observed in October. The overall trend was up, with annual average growth in industrial production rising from October's 0.7% to 1.0% in November.

FocusEconomics Consensus Forecast panelists expect industrial production to increase 1.9% in 2013, which is down 0.4 percentage points from last month's forecast. For 2014, the panel expects growth in industrial production to accelerate to 4.1%, which is down 0.5 percentage points from last month's projection.

Author:, Economist

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Poland Industry Chart

Poland Industry November 2013

Note: Year-on-year changes and annual average variation of industrial production index in %.
Source: Central Statistical Office (GUS) and FocusEconomics calculations.

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