Industry in Poland

Poland Industry | Economic News & Forecasts

Poland - Industry

Industrial output records lowest growth since February in October

Industrial output expanded 7.8% in year-on-year terms in October, which was a deterioration from September's 8.8% increase. While October's outturn marked the lowest reading since February, it was still the 17th consecutive month of annual growth in industrial production. Looking at the details, mining and quarrying production moderated in October, while manufacturing production also weakened.

On a monthly basis, industrial production increased 2.3% in seasonally-adjusted terms in October, which was above September’s 0.9% expansion and marked the best result since September 2020. Meanwhile, the trend improved, with the annual average growth of industrial production coming in at plus 14.1% in October, up from September's 13.6%.

FocusEconomics panelists expect industrial output to expand 6.2% in 2022, which is down 0.2 percentage points from last month’s forecast. For 2023, the panel expects growth in industrial output of 4.7%.

Poland - Industry Data

2015   2016   2017   2018   2019  
Industrial Production (annual variation in %)4.8  2.9  6.5  6.0  4.3  

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Poland Industry Chart


Poland Industry
Note: Annual variation of industrial production in %.
Source: Central Statistics Office.

Poland Facts

Value Change Date
Bond Yield2.07-0.30 %Dec 31
Exchange Rate3.79-0.53 %Jan 01

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