In December, industrial production expanded 7.7% over the same month the year before, which was below the 8.5% increase recorded in November but above market expectations, which had industrial production rising 6.5%. According to the Central Statistical Office (CSO), output increased in a majority of categories surveyed, particularly in the manufacture of coke and refined petroleum products. On a month-on-month basis, industrial production rose a seasonally adjusted 0.9% over the previous month, which was below the 1.6% rise seen in November, confirming the deceleration suggested by the annual figures. The trend continued to deteriorate, with annual average growth in industrial production edging down from 7.3% in November to 7.0% in December.
Industrial production slows in December
January 19, 2012
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Poland Economic News
October 25, 2016
The manufacturing sector business climate index decreased from 3.3 points in September to 1.0 point in October, according to the Central Statistical Office’s Business Tendency Survey (GUS-BTS).
October 25, 2016
In September, retail sales rose 4.8% over the same month last year, which was below August’s over two-year high of a 5.6% increase.
October 19, 2016
In September, industrial production expanded 3.2% over the same month last year, which was notably below the 7.5% expansion recorded in August.
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.