Polish industrial production up 9.8% y/y in September: stats office

Industrial production in Poland rose 9.8 percent in September compared with the same month a year earlier, the country’s statistics office said on Thursday.

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The reading was higher than forecast by analysts, who had expected an increase of 8.8 percent, Poland’s PAP news agency reported.

In month-on-month terms, Polish industrial production in September was 9.8 percent higher than in August, the Statistics Poland (GUS) agency said.

In September 2022, #SoldproductionofIndustry in #Poland was by 9.8 % higher YoY.https://t.co/DTXdgBzaZm#StatisticsPoland #statistics #IndexNumberOfProduction pic.twitter.com/gwzuIHo8tP

— Statistics Poland (@StatPoland) October 20, 2022

Meanwhile, the country's seasonally-adjusted industrial production increased by 10.3 percent in year-on-year terms in September, while rising 0.3 percent month on month, the state-run statistics office also said.

According to the European Union’s Eurostat statistics agency, which uses a different methodology, seasonally-adjusted industrial production in Poland rose 11 percent in August, the fifth-fastest rate of growth in the 27-nation bloc.

(gs)

Source: PAP