English Section

Polish industrial production grows 7% y/y in October: Eurostat

14.12.2022 18:30
Poland's industrial production rose 7 percent in October compared with the same month a year earlier, the fourth-highest figure in the 27-nation European Union, the bloc’s statistics agency reported on Wednesday.
Pixabay License
Pixabay LicenseImage by Marcin from Pixabay

Ireland boasted the fastest year-on-year growth in seasonally-adjusted industrial production in the EU in October, at 53.2 percent, followed by Denmark in second place, with 10.7 percent, and Malta in third place, with 7.2 percent, according to the Eurostat agency.

Among member states for which data were available, Estonia reported the steepest year-on-year decrease in industrial production in October, at 5.8 percent, while Luxembourg recorded a 3.8 percent drop, the agency's data showed.

The agency said seasonally-adjusted industrial production in the EU as a whole rose by 3.7 percent in October in year-on-year terms, while the single-currency euro area recorded a 3.4 percent increase.

Poland’s statistics office, which uses a different methodology, reported last month that Polish industrial production rose 6.8 percent in October compared with the same month a year earlier. When adjusted for seasonal factors, the increase was 7.5 percent, the state-run Statistics Poland (GUS) agency said. 

(gs)

Source: PAP, europa.eu/eurostat