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Polish industrial production grows 17.4% y/y in March: Eurostat

18.05.2022 00:15
Poland's industrial production rose 17.4 percent in March compared with the same month a year earlier, the third-highest figure in the 27-nation European Union, the bloc’s statistics agency has reported.
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Lithuania boasted the fastest year-on-year growth in industrial production in the EU in March, at 25.9 percent, followed by Bulgaria in second place, with 19.1 percent, according to the Eurostat agency.

Among member states for which data were available, Slovakia reported the steepest year-on-year decrease in industrial production in March, at 7.3 percent, while Ireland recorded a 5.5 percent drop, the agency's data showed.

The agency said industrial production in the EU as a whole increased by 0.7 percent in March in year-on-year terms. Meanwhile, the single-currency euro area recorded a 0.8 percent decrease.

Poland’s Central Statistical Office (GUS), which uses a different methodology, reported last month that Polish industrial production rose 17.3 percent in March compared with the same month a year earlier.

(gs)

Source: PAP, europa.eu/eurostat