Poland: Industrial output rebounds strongly in July
August 21, 2019
Industrial output jumped 5.8% year-on-year in July, contrasting the 2.7% decline recorded in June, according to the Central Statistical Office (GUS). July’s upturn largely reflected a strong rebound in manufacturing output, particularly in the repair and installation of machinery and equipment, and a stronger expansion in the water supply and waste management sector. Meanwhile, the mining and quarrying, and electric and gas utilities sectors contracted in the month.
All told, annual average growth in industrial output dipped to 5.1% from June’s 5.5%.
Author: Javier Colato, Economist