Poland industrial production rises in May

Poland's industrial production grew 29.8% annually in May, data released by the Warsaw-based Central Statistical Office (GUS) showed on Monday.
Manufacturing output accelerated 32.4% yearly in May and mining and quarrying output rose 5.5%. Additionally, electricity output and water supply gained by 14.0% and 17.4%, respectively.
On a monthly basis, industrial output fell 0.8% in May. On a seasonally adjusted basis, industrial output increased 29.7% in May. In a separate statement GUS said that producer prices went up by 6.5% annually in May, following a 5.5% increase in April.
On a month-on-month basis, producer prices rose 0.8% in May, after a 0.7% gain in the prior month.
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