Poland: Industrial production accelerates significantly in November
December 18, 2015
In November, industrial production expanded 7.8% over the same month last year, which was significantly above the 2.4% increase tallied in October and marked an eight-month high. November’s reading overshot the 5.5% rise the markets had expected. The acceleration reflected improvements in all categories but electricity, gas and steam, with manufacturing recording the most notable expansion.
On a month-on-month basis, industrial production increased 0.7% in November, which was below October’s 0.8% rise. Annual average growth in industrial production jumped up from October’s 4.3% to 5.0% in November.
Author: Eric Denis , Economist