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Poland Industry January 2020

Poland: Industrial sector struggles at the outset of the year

Industrial output rose a timid 1.1% year-on-year in January, following the stronger 3.8% uptick recorded in December, according to the Central Statistical Office (GUS). January’s slowdown reflected slower growth in manufacturing output and in water supply; a sharper contraction in mining and quarrying; and a downturn in the utilities sector.

Meanwhile, annual average growth in industrial output fell to 3.9% in January from 4.3% in Decemebr, marking the weakest record since June 2017.

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