Poland industrial production increases in May

Manufacturing

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Poland's industrial production grew less than expected in May, data from the Warsaw-based Central Statistical Office (GUS) showed on Tuesday. Industrial production grew 15% annually in May, following a 12.4% increase in April.

Manufacturing output rose 15.2% yearly in May and mining and quarrying output gained 17.9%.

Electricity, gas, steam and air conditioning supply output and water supply grew 12.1% and 11%, respectively.

On a monthly basis, industrial output rose 1.4% in May, after an 11.7% drop in the prior month.

Producer prices increased 24.7% annually in May, following a 24.1% rise in April, the statistical office said in a separate report.

On a month-on-month basis, producer prices rose 1.3% in May, after a 2.5% increase in the prior month. 

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