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Polish industrial production up 1.1% y/y in January: stats office

21.02.2020 07:30
Industrial production in Poland grew 1.1 percent in January compared with the same month a year earlier, the country’s Central Statistical Office (GUS) has said.
Gerd Altmann Pixabay
Gerd Altmann/ Pixabay Pixabay License

The figure was higher than forecast by analysts, public broadcaster Polish Radio’s IAR news agency reported.

Industrial production grew 3.8 percent in December year on year, the statistical office said last month.

The latest batch of economic data came after the office reported earlier this week that employment in Polish companies increased 1.1 percent last month on average in year-on-year terms.

Despite a global slowdown, the Polish economy is likely to grow around 3.3 percent this year and next, Poland’s prime minister has said.

(pk)

Source: IAR