Polish Industrial Output Growth Eases in October

Manufacturing

Poland's industrial production growth eased to 6.8% year-on-year in October from 9.8% in the previous month, figures from the Warsaw-based Central Statistical Office (GUS) showed on Tuesday.

Output expanded at a slower pace for mining & quarrying (4.6% vs 8.6% in September); manufacturing (9.3% vs 11%); and water supply (0.5% vs 2.6%).

On the other hand, output declined sharply for electricity, gas, steam & air-conditioning (-16.2% vs -3.2%).

On a monthly basis, industrial output declined 0.7%, following a 9.8% increase in the prior month.

In a separate report, the agency said that producer prices in Poland increased 22.9% annually in October, easing from a 24.6% gain in the previous month.

On a monthly basis, producer prices rose 0.7% in October, following a 0.2% increase in September. 

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