In March, industrial production expanded 0.7% over the same month last year, which was considerably below both the 4.8% increase observed in February and market expectations, which had industrial production rising 4.4%. In fact, the reading represented the slowest increase in industrial output since August 2009. The result mainly reflected a slowdown in manufacturing production and in particular in the manufacture of motor vehicles. On a month-on-month basis, industrial production fell a seasonally adjusted 2.0% over the previous month, which exceeded the 1.7% decline seen in February. In addition, the trend continues to deteriorate, with annual average growth in industrial production falling from 6.4% in February to 5.9% in March.
Industrial production slows to a sluggish pace in March
April 19, 2012
Looking for forecasts related to Industry in Poland? Download a sample report now.
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).