Polish industrial production up 18.4% y/y in June: stats office

Industrial production in Poland went up by 18.4 percent in June compared with the same month a year earlier, the country’s Central Statistical Office (GUS) reported on Tuesday, as the economy emerges from the coronavirus crisis.

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The reading was slightly lower than forecast by analysts, who had expected an increase of 18.9 percent, Poland’s PAP news agency reported.

In month-on-month terms, Polish industrial production in June was 4 percent higher than in May, the Central Statistical Office said.

According to the European Union’s Eurostat statistics agency, which uses a different methodology, industrial production in Poland rose 30.2 percent in May, one of the fastest rates of growth in the 27-nation bloc.

(gs)

Source: PAP

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