Poland Industry March 2019


Poland: Industrial output growth moderates in March

April 18, 2019

Industrial output grew 5.6% year-on-year in March, according to the Central Statistical Office (GUS). This was down from February’s 6.9% reading, owing to a broad-based moderation. Softer gains in mining and quarrying and in manufacturing output were recorded, while the electricity, gas, steam and air conditioning supply swung from expansion to contraction.

All told, annual average growth in industrial output rose to 6.1% from 5.7% in February.

FocusEconomics Consensus Forecast panelists expect industrial output to grow 4.8% in 2019, which is unchanged from last month’s forecast. For 2020, the panel sees industrial output growing 4.7%.

Author: Massimo Bassetti, Economist

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Poland Industry Chart

Poland Industry March 2019

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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