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

Industrial production in Poland went up by 9.8 percent in July compared with the same month a year earlier, the country’s Central Statistical Office (GUS) reported on Thursday, as the economy bounces back from the coronavirus crisis.

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The reading was slightly lower than forecast by analysts, who had expected an increase of 10.5 percent, Poland’s PAP news agency reported.

In month-on-month terms, Polish industrial production in July was 3.9 percent lower than in June, the Central Statistical Office said.

In July 2021, sold #production of #industry in #Poland increased by 9.8% as compared to July 2020. Compared to June 2021 decreased by 3.9%.https://t.co/KgsBT5U8Bi#StatisticsPoland #statistics #IndexNumberOfProduction pic.twitter.com/5GGkcwbe2Z

— Statistics Poland (@StatPoland) August 19, 2021

According to the European Union’s Eurostat statistics agency, which uses a different methodology, industrial production in Poland rose 18.5 percent in June, one of the fastest rates of growth in the 27-nation bloc.

(gs)

Source: PAP