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Industrial production growth slows in Poland

PR dla Zagranicy
Jo Harper 14.09.2015 12:01
Seasonally adjusted industrial production in Poland increased 3.9 percent y/y in July, after an increase of 5.1 percent y/y in the previous month, the EU’s statistical office Eurostat reported.
Photo: Pixabay.comPhoto: Pixabay.com

On a monthly basis, Poland posted growth of 0.1 percent.

Poland’s Central Statistical Office (GUS) reported earlier that sold production of industrial enterprises grew 3.8 percent y/y in July. On a monthly basis it decreased by 1.3 percent.

In July 2015 compared with June 2015, seasonally adjusted industrial production rose by 0.6 percent in the euro-zone and by 0.3 percent in the EU28, according to estimates from Eurostat.

In June 2015 industrial production decreased by 0.3 percent and 0.1 percent respectively.

The increase of 0.6 percent in industrial production in the eurozone in July 2015, compared with June, is due to production of energy rising by 3.0 percent, capital goods by 1.4 percent and durable consumer goods by 1.3 percent. Production of both intermediate goods and non-durable consumer goods fell by 0.6 percent, Eurostat reported.

Among Member States for which data are available, the highest increases in industrial production were registered in Ireland (+7.2 percent), Greece (+4.3 percent), Croatia (+3.6 percent) and Latvia (+2.8 percent), and the largest decreases in Denmark (-4.6 percent), Sweden (-2.1 percent) and Malta (-1.8 percent).

The increase of 1.9 percent in industrial production in the eurozone in July 2015, compared with July 2014, is due to production of energy rising by 5.1 percent, durable consumer goods by 2.6 percent, capital goods by 2.2 percent, non-durable consumer goods by 1.7 percent and intermediate goods by 0.5 percent, Eurostat said. (jh/rg/rk)

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