Industry in Poland

Poland Industry | Economic News & Forecasts

Poland - Industry

Industrial output records slowest expansion since October 2021 in June

Industrial production expanded 10.4% year on year in June (May: +14.9% yoy). June's outturn marked the worst reading since October 2021. June's notable deterioration was largely driven by decelerating growth in manufacturing and electricity, gas and utilities production. However, mining and quarrying production rose more robustly.

On a seasonally-adjusted monthly basis, factory output fell at a more moderate rate of 1.2% in June (May: -1.7% mom). Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at an over one-year low of 1.4%, down from May's 3.3% reading.

FocusEconomics panelists expect industrial output to expand 7.9% in 2022, which is up 1.0 percentage points from last month’s forecast. For 2023, the panel expects growth in industrial output of 4.6%.

Poland - Industry Data

2015   2016   2017   2018   2019  
Industrial Production (annual variation in %)4.8  2.9  6.5  6.0  4.3  

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Poland Industry Chart

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

Poland Facts

Value Change Date
Bond Yield2.07-0.30 %Dec 31
Exchange Rate3.79-0.53 %Jan 01

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