Polish industrial production up 10.4% y/y in June: stats office

Industrial production in Poland rose 10.4 percent in June compared with the same month a year earlier, the country’s Central Statistical Office (GUS) said on Wednesday.

Photo:

PAP/Jan Dzban

The reading was lower than forecast by analysts, who had expected an increase of 11.2 percent, Poland’s PAP news agency reported.

In month-on-month terms, Polish industrial production in June was 0.3 percent lower than in May, the Central Statistical Office said.

Meanwhile, the country's seasonally-adjusted industrial production increased by 10.5 percent in year-on-year terms in June, while falling 0.9 percent month on month, the state-run statistics agency also said.

In June 2022, sold #production of #industry in #Poland was higher by 10.4 % YoY, and as compared to May 2022 it decreased by 0.3 %. https://t.co/dEzrIbsexZ#StatisticsPoland #statistics #IndexNumberOfProduction pic.twitter.com/XtRYxgTwsg

— Statistics Poland (@StatPoland) July 20, 2022

According to the European Union’s Eurostat statistics agency, which uses a different methodology, seasonally-adjusted industrial production in Poland rose 15 percent in May, the third-fastest rate of growth in the 27-nation bloc.

(gs)

Source: PAP