Poland’s industrial production rose by 9.8 percent year-on-year in July of 2021, following a 18.4 percent increase in the previous month and slightly below market expectations of a 10.5 percent growth. It was the smallest gain in industrial production since February as output slowed for manufacturing (9.7 percent vs 19.4 percent in June); and water supply, sewerage waste management (8.8 percent vs 13.3 percent) while quickened for electricity, gas, steam, air conditioning (16.6 percent vs 14.8 percent). Also, industrial production declined less for mining & quarrying (-0.1 percent vs -1.9 percent). On a monthly basis, industrial output fell 3.9 percent, reversing from a 4 percent advance in June. source: Central Statistical Office of Poland (GUS)
Industrial Production in Poland averaged 6.19 percent from 1992 until 2021, reaching an all time high of 44.20 percent in April of 2021 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 September of 2021.
Industrial Production in Poland is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Poland Industrial Production is projected to trend around 3.40 percent in 2022 and 2.60 percent in 2023, according to our econometric models.