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Polish industrial production down 0.5% y/y in August: Eurostat

16.10.2024 11:00
Poland's industrial production fell 0.5 percent in August, compared with the same month a year earlier, the European Union’s statistics agency has reported.
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Ireland boasted the largest year-on-year increase in seasonally-adjusted industrial production in the EU in August, at 15.8 percent, followed by Denmark in second place, with 10.7 percent, and Slovenia in third place, with 7.2 percent, according to the Eurostat agency.

Among member states for which data were available, Luxembourg reported the steepest annual decrease in industrial production in August, at 11.7 percentwhile Estonia recorded a 6 percent drop, the agency's data showed.

The agency said on Tuesday that seasonally-adjusted industrial production in the EU as a whole increased by 0.2 percent in August in year-on-year terms.

Poland’s statistics office, which uses a different methodology, reported last month that Polish industrial production decreased by 1.5 percent in August compared with the same month a year earlier.

Meanwhile, the country's seasonally-adjusted industrial production went up by 0.6 percent in year-on-year terms in August, while decreasing 0.8 percent month on month, the state-run Statistics Poland (GUS) agency said.

(gs)

Source: PAP, europa.eu/eurostat