Poland Industry


Industrial production slows in October

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.

Author:, Economist

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Poland Industry Chart

Poland Industry October 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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