Polish industrial production grows 10.2% y/y in October: Eurostat

Poland’s industrial production rose 10.2 percent in October compared with the same month a year earlier, the bloc’s statistics agency reported on Tuesday.

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As European economies emerge from the coronavirus shock, Lithuania boasted the fastest year-on-year growth in industrial production in the 27-nation European Union in October, at 22.7 percent, followed by Greece in second place, with 17.2 percent, according to the Eurostat agency.

Among member states for which data were available, Romania reported the steepest year-on-year decrease in industrial production in October, at 6.6 percent, while Portugal recorded a 6.5 percent drop, the agency’s data showed.

The agency said industrial production in the EU as a whole grew by 3.6 percent in October in year-on-year terms, while the euro area recorded a 3.3 percent increase.

Poland’s Central Statistical Office (GUS), which uses a different methodology, reported last month that Polish industrial production rose 7.8 percent in October compared with the same month a year earlier.

(gs)

Source: PAP, europa.eu/eurostat

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