Polish industrial production up 2.6% y/y in January: stats office

Industrial production in Poland rose 2.6 percent in January compared with the same month a year earlier, the country’s statistics office has said.

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The reading was lower than forecast by analysts, who had expected an increase of 4.1 percent, Poland’s PAP news agency reported.

In month-on-month terms, Polish industrial production in January was 2.5 percent lower than in December, the Statistics Poland (GUS) agency said on Monday.

Meanwhile, the country's seasonally-adjusted industrial production increased by 0.3 percent in year-on-year terms in January, while falling 1.3 percent month on month, the state-run statistics office also said.

In January 2023, #SoldproductionofIndustry in #Poland was by 2,6 % higher YoY and as compared to December 2022 it decreased by 2,5 %. https://t.co/AUNrBCg8tO#StatisticsPoland #statistics #IndexNumberOfProduction pic.twitter.com/zTthDgkGS6

— Statistics Poland (@StatPoland) February 20, 2023

According to the European Union’s Eurostat statistics agency, which uses a different methodology, seasonally-adjusted industrial production rose 5.8 percent in Poland in December.

(gs)

Source: PAP