Poland: Industrial production decelerates in September
October 20, 2015
In September, industrial production expanded 4.1% over the same month last year, which was below the 5.3% increase tallied in August. However, September’s reading slightly overshot the 4.0% rise the markets had expected. The deceleration reflected deteriorations in both manufacturing and mining and quarrying. However, electricity, gas and steam grew at the fastest rate since December 2014.
On a month-on-month basis, industrial production decreased 1.2% in September, which followed August’s 1.3% fall. Annual average growth in industrial production remained stable at August’s 4.3% in September.
Author: Eric Denis , Economist