Industry in Poland

Poland Industry | Economic News & Forecasts

Poland - Industry

Industrial output growth slows in March

Industrial output grew 17.3% in year-on-year terms in March, which followed February's 17.6% increase. Looking at the details of the release, mining and quarrying production gained steam in March, while manufacturing output grew at a softer pace.

On a seasonally-adjusted monthly basis, factory output rose at a softer pace of 1.9% in March (February: +2.1% mom). Meanwhile, annual average industrial production growth fell to 17.3% in March (February: +19.5%). This signals a worsening trend in the industrial sector.

FocusEconomics panelists expect industrial output to expand 7.9% in 2022, which is up 1.0 percentage points from last month’s forecast. For 2023, the panel expects growth in industrial output of 4.6%.

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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