Poland Industry September 2017

Poland

Poland: Industrial output accelerates further in August

October 18, 2017

According to the Central Statistical Office (GUS), industrial production grew 4.3% in September from the same month of last year, decelerating from August’s 8.8% expansion. Driving the result were increases recorded by the manufacturing and the electricity, gas, steam and air conditioning sectors. Mining and quarrying output, on the other hand, once again contracted.

Annual average industrial output came in at 4.8% in September, inching up from 4.7% in August and marking the best reading in over a year and a half.

FocusEconomics Consensus Forecast panelists expect industrial production growth to increase 4.7% in 2018, which is unchanged from last month’s forecast. For 2019, the panel expects industrial production to expand 4.2%.


Author: Massimo Bassetti, Economist

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Poland Industry Chart


Poland Industry September 2017

Note: Year-on-year changes and annual average variation of industrial production index in %.
Source: Central Statistical Office (GUS) and FocusEconomics calculations.


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