Poland: Industrial output growth ticks up in January

Industrial output grew 6.1% year-on-year in December, according to the Central Statistical Office (GUS), up from December’s 2.8% reading on a broad-based upturn. Firmer gains in manufacturing output were recorded, as was a rebound in mining and quarrying output.

All told, annual average growth in industrial output edged down to 5.8% from 6.0% in December.

Poland Industrial Production Forecast

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%.