Polish industrial production up 13.2% y/y in August: stats office

Industrial production in Poland rose 13.2 percent in August compared with the same month a year earlier, the country’s Central Statistical Office (GUS) reported on Monday, as the economy bounces back from the coronavirus crisis.

Pixabay License

Image by Ben Kerckx from Pixabay

The reading was slightly lower than forecast by analysts, who had expected an increase of 13.8 percent, Poland’s PAP news agency reported.

In month-on-month terms, Polish industrial production in August was 2.5 percent lower than in July, the Central Statistical Office said.

In August 2021, sold #production of #industry in #Poland increased by 13.2% as compared to August 2020. Compared to July 2021 decreased by 2.5%.https://t.co/cuUYfQuKkW#StatisticsPoland #statistics #IndexNumberOfProduction pic.twitter.com/pASemuweba

— Statistics Poland (@StatPoland) September 20, 2021

According to the European Union’s Eurostat statistics agency, which uses a different methodology, industrial production in Poland rose 12.5 percent in July, one of the fastest rates of growth in the 27-nation bloc.

(gs)

Source: PAP