Poland Industry October 2018

Poland

Poland: Industrial production jumps in October

November 20, 2018

According to the Central Statistical Office (GUS), industrial production expanded 7.4% in October over the same month a year ago, up from September’s 2.8% reading on stronger gains in manufacturing. Mining and quarrying, meanwhile, contracted marginally from a year earlier.

Moreover, annual average growth in industrial output came in at 6.4%, the lowest reading in seven months and down from 6.8% in September.

FocusEconomics Consensus Forecast panelists expect industrial production to increase 4.9% in 2019, which is unchanged from last month’s forecast. For 2020, the panel again sees industrial production expanding 4.9%.


Author:, Economist

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Poland Industry October 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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