Poland Industry February 2017

Poland

Poland: Industrial output growth loses steam in February

March 17, 2017

In February, industrial production expanded 1.2% over the same month of 2016, which was well below the 9.1% increase recorded in January. The mining and quarrying sub-index contracted in February, but the decrease was offset by robust performances in manufacturing and utilities supply, which includes energy, gas and steam as well as water, sewage and waste management.

In February, annual average industrial output was 3.1%, which was below January’s 3.6%.

FocusEconomics Consensus Forecast panelists expect industrial production to increase 3.8% in 2017, which is unchanged from last month’s forecast. For 2018, the panel expects growth in industrial production to be 4.5%.


Author: Marlène Rump, Senior Data Analyst

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Poland Industry Chart


Poland Industry February 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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