Polish economy picking up speed despite global turmoil, finance minister says

Poland's economy is gaining momentum despite global turbulence, Finance Minister Andrzej Domański has said, citing strong industrial output, rising wages and a rebound in construction.

Andrzej Domański

Photo: Przemysław Chmielewski/Polskie Radio

"Global tensions are rising, oil prices are soaring, and the Polish economy is picking up speed," Domański wrote on X.

"Industrial production rose 9.4 percent year on year in March, the fastest pace in four years," he said.

"At the same time, average wages are at record levels, and we're ending the winter lull in construction with a 6.2-percent month-on-month rebound," he added.

Globalne napięcia rosną, ceny ropy szaleją, a 🇵🇱 gospodarka … przyspiesza.

Produkcja przemysłowa w marcu w górę o 9,4% r/r – najszybciej od czterech lat! Do tego średnia płaca na rekordowych poziomach, a zimowy zastój w budownictwie kończymy odbiciem o 6,2% m/m.

— Andrzej Domański (@Domanski_Andrz) April 21, 2026

Data from Poland's statistics office showed industrial production in March was 9.4 percent higher than a year earlier, well above a consensus forecast of 4.2 percent from analysts polled by state news agency PAP.

In month-on-month terms, industrial output rose 17.2 percent from February, the Statistics Poland (GUS) agency said.

Average wages in Poland's corporate sector increased 6.6 percent in March from a year earlier, according to Statistics Poland.

The average monthly gross wage and salary in the enterprise sector in March 2026 was 6.6% higher than in March 2025.

🔗 https://t.co/XssuHfOPfV#StatisticsPoland #statistics #LabourMarket pic.twitter.com/T9VEgOaUZF

— Statistics Poland (@StatPoland) April 21, 2026

Construction-and-assembly output edged up 0.4 percent year on year and rose 2.1 percent month on month. After adjusting for seasonal factors, output was 2.1 percent lower than in March 2025 but 6.2 percent higher than in February 2026, the office said.

(gs)

Source: IAR, PAP