Poland's industrial production tumbled 26.4 percent in April 2020, the biggest decline on record, as activity was hit hard by the lockdown measures introduced to curb the spread of the coronavirus. Output declined for all categories: manufacturing (-27.5 percent vs -3.0 percent); mining and quarrying (-8.8 percent vs -4.8 percent), water supply, sewerage waste management (-3.1 percent vs 4.0 percent); and electricity, gas, steam, air conditioning (-1.0 percent vs 4.7 percent).
Industrial Production in Poland averaged 6.07 percent from 1992 until 2020, reaching an all time high of 23.50 percent in March of 2004 and a record low of -24.60 percent in April of 2020. This page provides the latest reported value for - Poland Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Poland Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Central Statistical Office of Poland (GUS)
Industrial Production in Poland is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Poland to stand at 1.90 in 12 months time. In the long-term, the Poland Industrial Production is projected to trend around 2.60 percent in 2021, according to our econometric models.