Poland Industrial Output Slows in November

Manufacturing

Image by Pixabay

Industrial production in Poland increased 4.6% year-on-year in November, easing from a downwardly revised 6.6% rise in the previous month, the Central Statistical Office (GUS) said on Tuesday.

Industrial output slowed for manufacturing (6.1% vs 9.2% in October); water supply, sewerage waste management (0.7% vs 0.5%) and mining and quarrying (0.6% vs 4.5%).

Meanwhile, production of electricity, gas, steam, air conditioning fell at a softer pace (-8.5% vs -17%).

On a monthly basis, industrial output went up 2.9%, recovering from a 0.9% fall in October.

A separate report from the Warsaw-based agency showed that producer prices in Poland advanced by 20.8% from a year ago in November, easing from a 23.1% rise in the prior month.

On a monthly basis, producer prices were down by 0.5%, after increasing by 0.9% in the preceding month.

ADVERTISEMENT

Business Chamber Confidence Index Falls in January Analysis

Business Chamber Confidence Index Falls in January

Lawmakers Could Ratify Sweden's NATO Accession on Feb 26 Int’l Relations

Lawmakers Could Ratify Sweden's NATO Accession on Feb 26

2023 Saw Slump in Housing Construction, Permits Construction

2023 Saw Slump in Housing Construction, Permits

Number of Chinese Tourists in Hungary Quadruples From Pre-CO... Tourism

Number of Chinese Tourists in Hungary Quadruples From Pre-CO...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.