Poland industrial production rises, producer prices fall in September

pexels

Polandʼs industrial production surged 5.9% from a year earlier in September, up from a 1.5% rise in the prior month, data from the Warsaw-based Central Statistical Office (GUS) showed on Tuesday.

Image by Pexels

It was the strongest rise in industrial activity since April of 2019, boosted by manufacturing (7.2% annually) and water supply, sewerage waste management & remediation activities (8.5%).

In contrast, output continued to plunge for mining & quarrying (-14.4%) and electricity, gas, steam & air conditioning supply (-4.3%). On a monthly basis, industrial output grew by 15.5% in September. Separate data showed that producer prices declined at a faster pace in September due to lower cost in manufacturing.

Producer prices declined 1.6% annually in September, following a 1.3% fall in August. On a month-on-month basis, producer prices dropped 0.4% in September, after a 0.1% rise in the prior month.

Analysis

Chamber of Commerce Corner, September 6, 2024

Analysis

Changing Weather, Turning Pages, and Realpolitik

Manufacturing

Industrial Production Drops in July Amid Sectoral Weakness

Science

PTE Warns Against Using Online Diabetes Products for Slimming

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For over 30 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.