Poland Industry August 2018

Poland

Poland: Industrial output slows in August

September 19, 2018

According to the Central Statistical Office (GUS), industrial production expanded 5.0% in August over the same month a year prior, easing from July’s 10.3% reading on a decline in the utilities supply. Meanwhile, growth in manufacturing output landed roughly in line with the headline reading, as did mining and quarrying output.

Moreover, annual average growth in industrial output came in at 7.0%, down from 7.3% in July.

FocusEconomics Consensus Forecast panelists expect industrial production to increase 6.4% in 2018, which is unchanged from last month’s forecast. For 2019, the panel expects industrial production to expand 5.0%, also unchanged from last month’s forecast.


Author:, Economist

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Poland Industry August 2018

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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