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GUS: industrial production figures exceed expectations

PR dla Zagranicy
Roberto Galea 20.04.2015 16:37
According to the Central Statistical Office (GUS), industrial production grew by 8.8 percent y/y in March, more than analysts expected.
Photo: sxc.huPhoto: sxc.hu

Analysts had expected a rise of 6.8 percent over the previous year.

Month-on-month the figure grew in March by 13.4 percent.

Meanwhile, retail sales also jumped up by three percent year-on-year in the first three months of the year, GUS data said.

Market forecasts indicated a growth of 1.5 percent.

Analysts at mBank said this was good news for the Polish economy. (rg)

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