Polish economy minister hails 'strong start to third quarter'

Poland’s finance and economy minister on Thursday hailed a "strong start to the third quarter" after new figures showed the country’s industrial production rose 2.9 percent in July.

Poland's Finance and Economy Minister Andrzej Domański.

Photo: PAP/Marcin Obara

"Industrial production in July increased by 2.9 percent, clearly exceeding analysts’ expectations," Finance and Economy Minister Andrzej Domański wrote on X, adding that "capital goods posted especially strong growth, at 11.8 percent."

Mocny start trzeciego kwartału w 🇵🇱 gospodarce. Produkcja przemysłowa w lipcu wzrosła o 2,9% wyraźnie powyżej oczekiwań analityków. Szczególnie mocny wzrost zanotowały dobra inwestycyjne - aż o 11,8%.

— Andrzej Domański (@Domanski_Andrz) August 21, 2025

Poland’s statistics office reported on Thursday that industrial production last month was 2.9 percent higher than in July 2024, well above a consensus forecast of 1.6 percent from analysts polled by state news agency PAP.

In month-on-month terms, Polish industrial production in July was 0.2 percent higher than in June, the Statistics Poland (GUS) agency also said.

Meanwhile, the country's seasonally-adjusted industrial production increased by 1.1 percent in year-on-year terms in July, while going up 0.9 percent month on month, according to Statistics Poland.

In July 2025 #SoldProductionOfIndustry was higher than at the same period of the previous year by 2.9%. Excluding the impact of seasonal factors, there was it increase by 1.1% YoY.

🔗https://t.co/1a28ETxLlH#StatisticsPoland pic.twitter.com/SgtMpxws2m

— Statistics Poland (@StatPoland) August 21, 2025

(gs)

Source: IAR, PAP