Poland Industry September 2016

Poland

Poland: Industrial production slows notably in September

October 19, 2016

In September, industrial production in Poland expanded 3.2% over the same month last year, which was notably below the 7.5% expansion recorded in August. The downturn reflected a slowdown in manufacturing growth and a more pronounced fall in electricity, gas, steam and air conditioning output. In contrast, mining and quarrying production grew at the fastest pace since May 2015.

Meanwhile, annual average growth in industrial production inched down from August’s 4.1% to 4.0% in September.

FocusEconomics Consensus Forecast panelists expect industrial production to increase 4.0% in 2016, which is down 0.1 percentage points from last month’s forecast. For 2017, the panel expects growth in industrial production to be 4.6%.


Author: Angela Bouzanis, Senior Economist

Sample Report

Looking for forecasts related to Industry in Poland? Download a sample report now.

Download

Poland Industry Chart


Poland Industry September 2016

Note: Year-on-year changes and annual average variation of industrial production index in %.
Source: Central Statistical Office (GUS) and FocusEconomics calculations.


Poland Economic News

  • Poland: Industrial output accelerates further in August

    October 18, 2017

    According to the Central Statistical Office (GUS), industrial production grew 4.3% in September from the same month of last year, decelerating from August’s 8.8% expansion.

    Read more

  • Poland: Inflation accelerates further in September

    October 12, 2017

    Consumer prices increased 0.4% in September, contrasting August’s 0.1% decline.

    Read more

  • Poland: NBP holds fire on rates in October

    October 6, 2017

    As largely anticipated by market analysts, the National Bank of Poland (NBP) kept the reference rate unchanged at a record-low of 1.50% at its 3–4 October monetary policy meeting.

    Read more

  • Poland: Manufacturing PMI rises on jump in new orders in September

    October 2, 2017

    According to IHS Markit, the manufacturing Purchasing Managers’ Index (PMI) climbed to 53.7 in September from 52.5 a month earlier, landing further above the 50-point threshold that distinguishes expansion from contraction in the manufacturing sector—where it has been for nearly three years.

    Read more

  • Poland: Inflation climbs in September

    September 29, 2017

    According to a preliminary estimate released by the Central Statistical Office (GUS) on 29 September, consumer prices increased 0.4% in September from a month earlier, contrasting August’s 0.1% decline. Inflation climbed to 2.2% in September, accelerating from August’s 1.8% and closing in on the midpoint of the Central Bank’s target range of 2.5% plus/minus 1.0 percentage point.

    Read more

More news

Search form