Poland Industry

Poland

Poland: Industrial production declines slightly in November

December 19, 2012

In November, industrial production fell 0.8% over the same month the year before, which contrasted both the 4.6% increase tallied in October and market expectations of a 0.5% rise. The deterioration mainly reflected a contraction in manufacturing as well as in mining and quarrying.

On a month-on-month basis, industrial production fell a seasonally adjusted 0.9%, which contrasted the 1.9% rise seen in October. Moreover, the trend deteriorated, with annual average growth in industrial production falling from 3.7% in October to 2.9% in November.


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Poland Industry November 2012

Note: Year-on-year changes and annual average variation of industrial production index in %.
Source: Central Statistical Office (GUS) and FocusEconomics calculations.


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