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Polish industrial production down 2% y/y in August: stats office

20.09.2023 22:00
Industrial production in Poland fell 2 percent in August compared with the same month a year earlier, the country’s statistics office said on Wednesday.
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The reading was worse than expected by analysts, who had forecast industrial production to decrease 1.7 percent last month, Poland’s PAP news agency reported.

In month-on-month terms, Polish industrial production in August was 1 percent higher than in July, the Statistics Poland (GUS) agency said.

Meanwhile, the country's seasonally-adjusted industrial production fell by 1.8 percent in year-on-year terms in August, while decreasing 0.6 percent month on month, the state-run statistics office reported.

According to the European Unions Eurostat statistics agency, which uses a different methodology, seasonally-adjusted industrial production decreased by 2.7 percent in Poland in July.

(gs)

Source: PAP