Industry in Poland
Poland - Industry
Industrial output downshifts through year-end
According to the Central Statistical Office (GUS), industrial output grew 2.8% from a year earlier in December, down from November’s 4.7% reading on tepid gains in manufacturing output. Mining and quarrying output, meanwhile, contracted significantly.
All told, annual average growth in industrial output came in at 5.8% in 2018.
FocusEconomics Consensus Forecast panelists expect industrial output to grow 4.8% in 2019, which is down 0.1 percentage points from last month’s forecast. For 2020, the panel sees industrial output growing 4.5%.
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 | 2.69 | -0.30 % | Feb 14 |
| Exchange Rate | 3.83 | -0.53 % | Feb 14 |
| Stock Market | 59,348 | -1.13 % | Feb 14 |
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Economic News
Poland: Inflation dips in January
February 15, 2019
A preliminary estimate released by the Central Statistical Office (GUS) revealed that consumer prices were nearly stable from a month earlier in January (January: +0.1% month-on-month; December: +0.0% month-on-month).
Poland: Growth slows through last year-end
February 14, 2019
Poland’s economy grew 4.9% year-on-year and in unadjusted terms in the fourth quarter of last year, according to a preliminary estimate released by the Statistical Office (GUS) on 14 February.
Poland: Central Bank holds rates at February meeting
February 6, 2019
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 5–6 February monetary policy meeting.
Poland: Manufacturing sector contracts again in January
February 1, 2019
The manufacturing Purchasing Managers’ Index (PMI), released by IHS Markit, recovered somewhat in January (January: 48.2 points) from its December 2018 low (December: 47.6 points).
Poland: Business confidence ticks up in January
January 24, 2019
Manufacturing-sector business confidence recovered somewhat in January, according to the business tendency indicators released by the Central Statistical Office (GUS).
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