Poland: Industrial output contracts in April
May 19, 2017
In April, industrial production swung to a 0.6% contraction from the same month last year, which marked a substantial decline compared to March’s 11.1% expansion. While the mining and quarrying sub-component was hardest hit, the manufacturing sub-component also recorded a contraction. The other sub-components remained broadly stable.
Annual average industrial output was 3.4% in April, below 4.0% in March.
Author: Nihad Ahmed, Economist