Polish industrial production up 17.3% y/y in March: stats office

Industrial production in Poland rose 17.3 percent in March compared with the same month a year earlier, the country’s Central Statistical Office (GUS) has reported.

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The reading was markedly higher than forecast by analysts, who had expected an increase of 12.3 percent, Poland’s PAP news agency reported.

In month-on-month terms, Polish industrial production in March was 18.2 percent higher than in February, the Central Statistical Office said.

Meanwhile, the country's seasonally-adjusted industrial production increased by 17.2 percent in year-on-year terms in March, while growing 2.1 percent month on month, the state-run statistics agency also said.

In March 2022, sold #production of #industry in #Poland was higher by 17.2% YoY, and compared to February 2022 it increased by 2.1%.https://t.co/lpPQ3WYKZ2#StatisticsPoland #statistics #IndexNumberOfProduction pic.twitter.com/aMLsrljmiA

— Statistics Poland (@StatPoland) April 21, 2022

According to the European Union’s Eurostat statistics agency, which uses a different methodology, industrial production in Poland rose 17.8 percent in February, the second-fastest rate of growth in the 27-nation bloc.

(gs)

Source: PAP