Industry in Poland

Poland Industry | Economic News & Forecasts

Poland - Industry

Industrial output growth soars to multi-year high in January

In January, industrial production expanded 9.0% over the same month of 2016, which was well above the 2.3% increase recorded in December and was the highest reading since February 2011. The expansion chiefly reflected substantial growth in manufacturing, which recorded a multi-year high. In addition, electricity, gas and steam output expanded at its fastest pace in more than two years. Meanwhile, mining and quarrying production contracted at its slowest pace in four months.

In January, annual average industrial output expanded 3.6%, which was a jump from December’s 3.0%.

FocusEconomics Consensus Forecast panelists expect industrial production to increase 3.6% in 2017, which is up 0.3 percentage points from last month’s forecast. For 2018, the panel expects growth in industrial production to be 4.3%.

Poland - Industry Data

2011  2012  2013  2014  2015  
Industrial Production (annual variation in %)6.8  1.4  2.4  3.5  4.8  

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Poland Industry Chart

Poland Industry
Note: Annual variation of industrial production in %.
Source: Central Statistics Office.

Poland Facts

Bond Yield3.901.04 %Feb 22
Exchange Rate4.07-0.14 %Feb 22
Stock Market59,4510.20 %Feb 22

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