Poland Industry
Decline in industrial output softens in June
Industrial output declined 1.4% compared to the same month of the previous year in June, which was above May’s 2.8% decrease. Looking at the details of the release, mining and quarrying output plummeted in June, while manufacturing output declined at a milder pace. Meanwhile, electricity, gas and utilities production also dropped at a milder pace.
On a seasonally adjusted monthly basis, industrial output rebounded, rising 0.7% in June (May: -1.0% mom). Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at minus 9.6% in June, down from May’s minus 9.3%.
Poland Industry Chart
This chart displays Industrial Production (annual variation in %) for Poland from 2013 to 2022.
Poland Industry Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 6.0 | 4.3 | -1.0 | 15.3 | 10.7 |