Polish industrial production increases on year

Figures

Poland's industrial production grew 44.5% annually in April, data from the Central Statistical Office (GUS) showed on Monday.

Manufacturing output accelerated 50.6% yearly in April and mining and quarrying output rose 2.3%. Electricity output and water supply gained by 11.5% and 20.1%, respectively.

On a monthly basis, industrial output fell 9.2% in April.

On a seasonally adjusted basis, industrial output increased 44.7% in April. Separate data from the statistical office showed that producer prices grew 5.3% annually in April, following a 4.2% increase in March.

On a month-on-month basis, producer prices rose 0.5% in April, after a 1.6% gain in the prior month. In another report the Warsaw-based statistics agency said, that retail sales increased 21.1% yearly in April, after a 22.9% decline in the same month last year. On a monthly basis, retail sales decreased 7.7% in April.

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