Polish industrial production slows in June

Manufacturing

Poland's industrial production grew 18.4% annually in June, following 29.8% increase in the previous month, data from the Central Statistical Office (GUS) showed on Tuesday.

 Manufacturing output rose 19.4% yearly in June. Electricity output and water supply gained by 14.8% and 13.3%, respectively.

Meanwhile, mining and quarrying output declined 1.9%. On a monthly basis, industrial output grew 4.0% in June. In a separate statement the Warsaw-based agency said, producer prices grew 7.0% annually in June, following a 6.6% increase in May. Prices in mining and quarrying grew 19.3% and prices in manufacturing rise 6.9%.

Prices for electricity, gas supply, steam and hot, and water supply, sewerage and waste management costs increased by 3.5% and 3.6%, respectively. On month-on-month comparison basis, producer prices rose 0.7% in June, after a 0.9% gain in the prior month. 

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