Poland Industrial Output Rises More Than Expected

Poland’s industrial production rose by 4.6% year-on-year in September 2026 from a downwardly revised 4.0% increase in the previous month, surpassing market expectations of 3.1%. Output growth accelerated in manufacturing (4.0% vs 3.1% in August), driven largely by gains in beverages (9.1% vs 6.1%), printing and reproduction of recorded media (1.0% vs 0.3%), chemicals and chemical products (8.7% vs 0.9%), and computer, electronic, and optical products (12.6% vs 7.1%). Moreover, production increased in electricity, gas, steam, and air-conditioning supply (10.2% vs 9.1%). On the other hand, output moderated in mining and quarrying (12.9% vs 18.2%) and water supply, sewerage, waste management, and remediation activities (8.2% vs 9.6%). On a monthly basis, industrial production jumped by 17.0% in September, rebounding sharply from a 7.8% drop in August. In the January–September period, industrial output was 3.6% higher than in the same period last year.

Poland’s industrial output eased to 4.3% year-on-year in August 2026 from a revised 4.9% in the previous month, falling short of expectations of 6.8%. This marked the lowest reading since April, as production growth slowed in manufacturing (3.4% vs 4.4% in July), weighed down by slower growth in beverages (6.1% vs 16.9%) and repair, maintenance, and installation of machinery and equipment (0.9% vs 13.8%), as well as declines in tobacco products (-11.7% vs -10.6%), textiles (-4.9% vs -2.5%), and clothing (-4.4% vs 4.2%). Output also moderated in water supply, sewerage, waste management, and remediation activities (9.5% vs 11.3%). Meanwhile, output rose in mining and quarrying (18.7% vs 18.5%), and electricity, gas, steam, and air conditioning supply (10.5% vs 7.4%). On a monthly basis, industrial production fell 7.5% in August, deepening from a revised 2.0% drop in July. In the January-August period, industrial output was 3.5% higher than in the same period last year.

Poland’s industrial output eased to 5.1% year-on-year in July 2026 from a downwardly revised 7.4% increase in the previous month, exceeding market expectations of 4.9%. Production growth slowed in manufacturing (4.4% vs. 6.2% in June), driven largely by decreases in food (0.3% vs. 6.7%), wood, cork and wicker products (2.1% vs. 9.1%), paper and paper products (7.0% vs. 19.0%), and pharmaceutical products (1.6% vs. 11.5%). At the same time, output moderated in mining and quarrying (18.5% vs. 28.4%), water supply, sewerage, waste management and remediation activities (7.4% vs. 14.5%), and electricity, gas, steam and air-conditioning supply (11.3% vs. 14.4%). On a monthly basis, industrial production fell by 1.8% in July, following a downwardly revised 1.8% growth in the preceding period. In the January–July period, industrial output was 3.6% higher than a year earlier.