ADVERTISEMENT

Poland industrial production rises, producer prices fall in June

Figures

Photo by Piotr Swat / Shutterstock.com

Poland’s industrial production rose unexpectedly in June, while producer prices decreased for the fourth straight month, figures from the Warsaw-based Central Statistical Office (GUS) show. Industrial production rose 0.5% year-on-year in June. Economists had expected a 6.9% decrease. 

Photo by Piotr Swat / Shutterstock.com

Among the main sectors, manufacturing output rose 0.9% annually in June and production of water supply rose 8.9%. Meanwhile, production of mining and quarrying fell 6.5% and electricity, gas, steam and air conditioning supply declined 4.3%.

Production of consumer goods gained 16.2% yearly in June. Production of intermediate goods and non-durable consumer goods increased by 3.5% and 3.3%, respectively. Production of energy and capital goods decreased by 9.9% and 8.6%, respectively.

On a monthly basis, industrial production gained 13.9% in June. On a seasonally adjusted basis, industrial production fell 4.9% from a year ago. The producer prices index fell 0.8% year-on-year in June, following a 1.7% decrease in May. On month, producer prices rose 0.4% in June, after a 0.2% fall in the previous month, GUS said on July 20.

Gov't to Present EU-wide Support Scheme for EV Purchases in ... Analysis

Gov't to Present EU-wide Support Scheme for EV Purchases in ...

Gov't to Call HUF 75 bln Tender to Support Innovation by SME... Government

Gov't to Call HUF 75 bln Tender to Support Innovation by SME...

Óbuda Uni Planning Technology and Innovation Park Innovation

Óbuda Uni Planning Technology and Innovation Park

White Raven Skybar, Laurent-Perrier Champagnes Enter Special... Drinks

White Raven Skybar, Laurent-Perrier Champagnes Enter Special...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.