Industrial production dropped 6.4% year-on-year in April, which was worse than the 3% decrease in March. This was the fastest decline since May 2020, when production plunged 16.9%.
Among sectors, mining and quarrying output contracted 11.7% annually in April, and that of electricity, gas, steam, and air conditioning supply dropped 14.3%. Mining and quarrying production fell by 5.6%.
On a monthly basis, industrial output slumped 14.8% in April after rebounding sharply by 13.9% in the prior month.
In a separate report, the Warsaw-based agency revealed that producer price inflation moderated to 6.8% in April from 10.3% in the previous month.
On a month-on-month basis, producer prices were down 0.6% at the start of the second quarter.
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