Industry in Poland
Poland - Industry
Industrial output slows in August
According to the Central Statistical Office (GUS), industrial production expanded 5.0% in August over the same month a year prior, easing from July’s 10.3% reading on a decline in the utilities supply. Meanwhile, growth in manufacturing output landed roughly in line with the headline reading, as did mining and quarrying output.
Moreover, annual average growth in industrial output came in at 7.0%, down from 7.3% in July.
FocusEconomics Consensus Forecast panelists expect industrial production to increase 6.4% in 2018, which is unchanged from last month’s forecast. For 2019, the panel expects industrial production to expand 5.0%, also unchanged from last month’s forecast.
Poland - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 2.4 | 3.5 | 4.8 | 2.9 | 6.5 |
Poland Industry Chart
Source: Central Statistics Office.
Poland Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 3.18 | -0.30 % | Oct 18 |
| Exchange Rate | 3.76 | -0.53 % | Oct 18 |
| Stock Market | 56,561 | -1.13 % | Oct 18 |
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Economic News
Poland: NBP stays put in October
October 4, 2018
As widely expected by market analysts, the National Bank of Poland (NBP) kept the reference rate unchanged at a record-low 1.50% at its 2–3 October monetary policy meeting.
Poland: Inflation dips in September
October 1, 2018
According to a flash estimate released by Statistics Poland, consumer prices rose 0.2% on a month-on-month basis in September, following August’s flat reading.
Poland: Manufacturing PMI hits 23-month low in September
October 1, 2018
The manufacturing Purchasing Managers’ Index (PMI), released by IHS Markit, fell to 50.5 in September from 51.4 in August, the worst reading in nearly two years.
Poland: Business confidence erodes further in September
September 25, 2018
In September, the business tendency indicators released by the Central Statistical Office (GUS) showed a further moderation in business confidence in the manufacturing sector.
Poland: Nominal retail sales moderate in August
September 25, 2018
Nominal retail sales rose 9.0% from the same month a year earlier in August, down slightly from July’s 9.3% year-on-year expansion.
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