In October, industrial production increased 8.0% over the same month last year. The result was down from the 11.8% increase recorded in September and undershot market expectations of 10.0%. The result reflected a robust performance in all sub-sectors, which continue to benefit from resilient demand at home and abroad, particularly from Germany. The manufacturing sector grew 9.3% over the same period last year (September: +13.3% year-on-year) while electricity, gas and steam contracted 3.1% (September: +0.3%). Finally, mining and quarrying increased 0.6% in comparison to August's decline of 0.5%. As a result of the October reading, annual average growth in industrial production increased from 10.0% in September to 10.7% in October.
Industrial production decelerates in October
November 10, 2010
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).