Poland industrial production, PPI up in February
Poland's industrial production rose less than expected in February, data from the Warsaw-based Central Statistical Office (GUS) showed.
Industrial production grew 2.7% annually in February. Economists had expected a growth of 3.9%. Manufacturing output rose 2.7% yearly in February. Electricity output and water supply gained by 4.3% and 8.2%, respectively. Meanwhile, mining and quarrying output declined 6.1%.
On a monthly basis, industrial output grew 4.1% in February. Producer prices grew 2% annually in February, following a 1% increase in January, according to the statistics agency.
On a month-on-month basis, producer prices rose 0.8% in February, after a 1% gain in the prior month.
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