Polish industrial production down 0.3% y/y in September: stats office

Industrial production in Poland decreased by 0.3 percent in September compared with the same month a year earlier, the country’s statistics office said on Monday.

Photo:

PAP/Jan Dzban

The reading came in slightly worse than expected as analysts had predicted a 0.2 percent drop in industrial production last month, Poland's PAP news agency reported.

In month-on-month terms, Polish industrial production in September was 9 percent higher than in August, the Statistics Poland (GUS) agency said.

In September 2024, #SoldProductionOfIndustry was by 0.3% lower than a year before (after eliminating the seasonal factors an increase of 0.4% was noted)https://t.co/I5U1WyOteB#StatisticsPoland #statistics #production #economy #industry pic.twitter.com/B3hEET7dQ8

— Statistics Poland (@StatPoland) October 21, 2024

Meanwhile, the country's seasonally-adjusted industrial production went up by 0.4 percent in year-on-year terms in September, while decreasing 0.2 percent month on month, the state-run statistics office reported.

According to the European Union’s Eurostat statistics agency, which uses a different methodology, seasonally-adjusted industrial production fell 0.5 percent in Poland in August, compared with the same month last year.

(gs)

Source: PAP