Polish industrial production up 7.6% y/y in July: stats office

Industrial production in Poland rose 7.6 percent in July compared with the same month a year earlier, the country’s statistics office said on Friday.

Photo:

PAP/Jan Dzban

The reading was higher than forecast by analysts, who had expected an increase of 7.3 percent, Poland’s PAP news agency reported.

In month-on-month terms, Polish industrial production in July was 6.5 percent lower than in June, the Statistics Poland (GUS) agency said.

Meanwhile, the country's seasonally-adjusted industrial production increased by 10.2 percent in year-on-year terms in July, while rising 0.5 percent month on month, the state-run statistics office also said.

In July 2022, sold #production of #industry in #Poland was higher by 7.6 % YoY, and as compared to July 2022 it decreased by 6.5 %. https://t.co/EwyS2z0AHx#StatisticsPoland #statistics #IndexNumberOfProduction pic.twitter.com/eCEpzY1ZVO

— Statistics Poland (@StatPoland) August 19, 2022

According to the European Union’s Eurostat statistics agency, which uses a different methodology, seasonally-adjusted industrial production in Poland rose 10.5 percent in June, the fourth-fastest rate of growth in the 27-nation bloc.

(gs)

Source: PAP