In February, industrial production expanded 10.7% over the same month the previous year. The reading came in slightly above the 10.3% growth registered in January and market expectations of a 10.3% gain. Production increased in all subsectors on the back of resilient manufacturing performance. A month-on-month analysis corroborates the robustness of the annual figures. Industrial production increased 3.5% over the previous month, contrasting the 6.4% drop recorded in January and marking the first positive reading after four consecutive monthly contractions. That said, the trend continued to improve, with the annual average industrial production growth rate inching up from 11.2% in January to 11.4% in February.
Manufacturing bolsters industrial production in February
March 17, 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).