Poland Industry November 2018

Poland

Poland: Industrial output downshifts in November

December 19, 2018

According to the Central Statistical Office (GUS), industrial production expanded 4.7% in November over the same month a year earlier, down from October’s 7.4% reading on weaker gains in manufacturing. Mining and quarrying, meanwhile, rebounded somewhat.

Moreover, annual average growth in industrial output came in at 6.0%, the lowest reading in more than a year and down from 6.4% in October.

FocusEconomics Consensus Forecast panelists expect industrial production to increase 4.8% in 2019, which is down 0.1 percentage points from last month’s forecast. For 2020, the panel sees industrial production expanding 4.5%.


Author:, Economist

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Poland Industry November 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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