Polish industrial production grows 4.3% y/y in February: Eurostat

Poland's industrial production rose by 4.3 percent in February compared with the same month a year earlier, the sixth-fastest rate in the 27-nation European Union, the bloc’s statistics agency has reported.

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Image by Pashminu Mansukhani from Pixabay

Amid the coronavirus pandemic, Ireland boasted the fastest year-on-year growth in industrial production in the EU in February, at 41.4 percent, followed by Lithuania in second place, with 9.7 percent, according to the Eurostat agency.

Among member states for which data were available, Malta reported the steepest year-on-year decline in industrial production in February, at 10.9 percent, while Estonia recorded a 8.9 percent decrease, the agency's data showed.

Eurostat reported on Wednesday that industrial production in the EU as a whole fell by 1.1 percent in February in year-on-year terms, while the euro area recorded a 1.6 percent decrease.

Euro area #IndustrialProduction -1.0% in February 2021 over January 2021, -1.6% over February 2020 https://t.co/8IMFIcYQFg pic.twitter.com/PK64WaLr7R

— EU_Eurostat (@EU_Eurostat) April 14, 2021

Poland’s Central Statistical Office (GUS), which uses a different methodology, reported last month that Polish industrial production rose 2.7 percent in February compared with the same month a year earlier.

(gs/pk)

Source: PAP, europa.eu/eurostat