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Polish industrial production down 3.1% y/y in March: Eurostat

22.05.2024 00:30
Poland's industrial production decreased by 3.1 percent in March, compared with the same month a year earlier, the European Union’s statistics agency has reported.
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Ireland boasted the fastest year-on-year growth in seasonally-adjusted industrial production in the EU in Marchat 37 percent, followed by Cyprus in second place, with 8.5 percent, and Romania in third place, with 3.5 percent, according to the Eurostat agency.

Among member states for which data were available, Finland reported the steepest year-on-year decrease in industrial production in March, at 7.7 percentwhile Bulgaria recorded a 7.6 percent drop, the agency's data showed.

The agency said this week that seasonally-adjusted industrial production in the EU as a whole decreased by 1 percent in March in year-on-year terms.

Poland’s statistics office, which uses a different methodology, reported last month that Polish industrial production fell 6 percent in March, compared with the same month a year earlier.

Meanwhile, the country's seasonally-adjusted industrial production went down by 3.9 percent in year-on-year terms in March, while decreasing 5.5 percent month on month, the state-run Statistics Poland (GUS) agency said.

(gs)

Source: PAP, europa.eu/eurostat