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Polish industrial production up 3.9% y/y in May: stats office

23.06.2025 13:00
Industrial production in Poland rose 3.9 percent in May compared with the same month a year earlier, the country’s statistics office reported on Monday.
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The figure came in slightly lower than expected by analysts, who had forecast a 4.4-percent increase in Polish industrial production last month, state news agency PAP reported.

'We are revving up': finance minister

Finance Minister Andrzej Domański said in a social media post that domestic industry was gaining momentum, driven primarily by a surge in the production of capital goods.

"In May, industrial production went up by a respectable 3.9 percent, compared to a 1.2-percent increase in April," Domański wrote.

"The strongest rebound was seen in capital goods production, which jumped 10.4 percent," he added.

"We are revving up," he declared.

In month-on-month terms, Polish industrial production in May was 2 percent lower than in April, the Statistics Poland (GUS) agency said.

Meanwhile, the country's seasonally-adjusted industrial production went up by 1.6 percent in year-on-year terms in May, while inching up 0.2 percent month on month, according to the state-run statistics office.

According to the European Union's Eurostat statistics agency, which uses a different methodology, Poland's seasonally-adjusted industrial production rose 2.1 percent in April compared with the same month in 2024.

(gs)

Source: IAR, PAP