Poland Industrial Output Tops Forecasts

Poland’s industrial output rose 7.6% year-on-year in June 2026, accelerating from a 4.1% increase in May and exceeding market expectations of a 7.2% rise. This marked the strongest growth since September 2025, as production strengthened in manufacturing (6.4% vs. 2.7% in May), driven mainly by gains in other transport equipment (24.9%), paper and paper products (19.0%), electrical equipment (15.8%), machinery and equipment (11.3%), and fabricated metal products (9.6%). Output also accelerated in electricity, gas, steam and air-conditioning supply (16.4% vs. 12.8%) and water supply, sewerage, waste management and remediation activities (14.7% vs. 11.0%), while growth eased in mining and quarrying (28.3% vs. 31.0%). On a monthly basis, industrial production rose 2.0% in June, rebounding from a 0.8% decline in May. In the first half of 2026, industrial output was 3.9% higher than a year earlier.

Poland’s industrial output rose 4.1% year-on-year in May 2026, following a downwardly revised 2.9% increase in the previous month, exceeding market expectations of a 2.5% gain. Production strengthened in manufacturing (2.5% vs 1.6% in April), lifted by higher output in paper and paper products (11.8% vs 5.6%), other non-metallic mineral raw materials (12.2% vs 8.6%), and transport equipment (60.5% vs 15.5%). Additionally, activity increased for mining and quarrying (32.6% vs 21.4%) and electricity, gas, steam, and air-conditioning supply (13.7% vs 12%). Meanwhile, production slowed for water supply, sewerage, waste management, and remediation services (11.9% vs 13.7%). On a monthly basis, industrial production dropped 0.8% in May, easing from a 7.6% decline in the preceding period.

Poland’s industrial output rose by 3.1% year-on-year in April 2026, easing sharply from a downwardly revised 7.5% growth in the previous month and missing market expectations of a 4.2% gain. This marked the lowest reading in three months, as production slowed in manufacturing (1.9% vs. 7.1% in March), weighed down by declines in the manufacture of food (-1.8% vs. 11.2%) and beverages (-3.8% vs. 12.9%), as well as decreases in the manufacture of wood, cork, straw, and wicker products (0.5% vs. 5.8%) and paper and paper products (5.6% vs. 9.3%). Additionally, activity in mining and quarrying remained unchanged, at 20.7%. Meanwhile, output increased in water supply, sewerage, waste management and remediation services (13.3% vs. 9.7%) and electricity, gas, steam, and air-conditioning supply (11.6% vs. 7.1%). On a monthly basis, industrial production dropped 7.4% in April, following a downwardly revised 15.2% rise in the previous month.