In January, industrial production expanded 9.0% over the same month last year, which was above the 7.7% increase observed in December but slightly below market expectations, which had industrial production rising 9.2%. According to the Central Statistical Office (CSO), output increased in a majority of the categories surveyed, particularly in the manufacture of metal products as well as in the manufacture of machinery and equipment. On a month-on-month basis, industrial production rose a seasonally adjusted 0.4% over the previous month, which was below the 0.8% rise seen in December. Moreover, the trend continues to deteriorate, with annual average growth in industrial production inching down from 7.0% in December to 6.9% in January.
Industrial production accelerates in January
February 17, 2012
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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).