In October, industrial production rose 4.4% over the same month last year. The increase marked a deceleration from the 6.2% rise tallied in September, but matched market expectations. The result reflected growth in the water supply and waste management sectors as well as in manufacturing. On a month-on-month basis, industrial production increased a seasonally-adjusted 0.2%, which was down from the 1.4% expansion observed in September. The overall trend was unchanged, with annual average growth in industrial production holding at September's 0.7%. 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.
Industrial production slows in October
November 21, 2013
Author: Carl Kelly, Economist
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Poland Industry Chart
Note: Year-on-year changes and annual average variation of industrial production index in %.
Source: Central Statistical Office (GUS) and FocusEconomics calculations.
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.