Polish industrial production up in October: stats office

Industrial production in Poland grew 3.5 percent in October compared with the same month last year, the country’s Central Statistical Office (GUS) said on Friday.

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The figure was higher than forecast by analysts, who had expected an increase of 2.3 percent, Poland’s PAP news agency reported.

In month-on-month terms, industrial production in October was 7.8 percent higher than in September, the Central Statistical Office said.

In October 2019, sold #production of #industry in #Poland was higher by 3.5% compared to October 2018 and by 7.8% higher compared to September 2019.

More: https://t.co/R4kp8SmCei#StatisticsPoland #statistics #IndexNumberOfProduction pic.twitter.com/pAdLBkLuAl

— Statistics Poland (@StatPoland) November 22, 2019

Meanwhile, output in Poland's construction-and-assembly sector fell by 4 percent in October in year-on-year terms, while decreasing by 3.8 percent month on month, the state-run statistics agency estimated.

In October of 2019, the value of #construction and #assembly #production in #Poland in constant prices decreased by 4.0% YoY and by 3.8% MoM.

More: https://t.co/1Ql6lkQHCJ#statistics #StatisticsPoland #IndexNumberOfProduction pic.twitter.com/MPqAsywKZ5

— Statistics Poland (@StatPoland) November 22, 2019

The latest batch of economic data came after the office reported on Thursday that employment in Polish companies increased 2.5 percent last month on average in year-on-year terms.

The Polish economy grew 3.9 percent in the third quarter of this year, the Central Statistical Office said last week in a flash estimate.

(gs/pk)

Source: PAP