Polish industrial production up 0.2% y/y in December: stats office

Industrial production in Poland rose 0.2 percent in December compared with the same month a year earlier, the country’s statistics office has said.

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The figure disappointed analysts, who had predicted a 2.3-percent increase in their consensus forecast, Poland's PAP news agency reported.

In month-on-month terms, Polish industrial production in December was 8 percent lower than in November, the Statistics Poland (GUS) agency said.

December 2024 #IndustryProductionSold was higher than at the same period of the previous year by 0.2%. Excluding the impact of seasonal factors, there was a decrease in production of 0.6% YoY.https://t.co/JWg3MNSVO2#StatsPoland #production #economy #industry #ProductionDynamics pic.twitter.com/UPhZIBxnxL

— Statistics Poland (@StatPoland) January 22, 2025

Meanwhile, the country's seasonally-adjusted industrial production went down by 0.3 percent in year-on-year terms in December, while decreasing 1.1 percent month on month, the state-run statistics office reported.

According to the European Union's Eurostat statistics agency, which uses a different methodology, seasonally-adjusted industrial production rose 0.9 percent in November compared with the same month in 2023.

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Source: IAR, PAP