Poland Industry May 2018

Poland

Poland: Industrial output decelerates in May

June 19, 2018

According to the Central Statistical Office (GUS), industrial production expanded 5.4% in May over the same month a year prior, easing from April’s six-month high of 9.3% growth. The deceleration in May was due to a contraction in mining and quarrying output. Meanwhile, output growth moderated in the electricity, gas, steam and air conditioning supply; manufacturing; and water supply sub-sectors.

Moreover, annual average growth in industrial output came in at 6.7%, down from 7.0% in April.

Poland Industrial Production Forecast


FocusEconomics Consensus Forecast panelists expect industrial production to increase 6.0% in 2018, which is up 0.2 percentage points from last month’s forecast. For 2019, the panel expects industrial production to expand 4.8%.


Author:, Economist

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Poland Industry Chart


Poland Industry May 2018

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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