Poland Industry July 2017

Poland

Poland: Industrial output growth speeds up in July

August 18, 2017

Industrial production grew 6.2% in July from the same month last year, which was a solid acceleration from June’s 4.5% growth. Manufacturing output drove July’s gains, while mining and quarrying was the only sector to contract.

Annual average industrial output was 4.6% in July, up from June’s 3.8%.

FocusEconomics Consensus Forecast panelists expect industrial production growth to increase 5.3% in 2017, which is unchanged from last month’s forecast. For 2018, the panel expects industrial production growth to remain stable at 4.8%.


Author:, Economist

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Poland Industry July 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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