Poland industrial production increases in October

Poland's industrial production grew 7.8% annually in October, data from the Central Statistical Office (GUS) showed on Monday.

Economists had expected a growth of 5.3%. Manufacturing output rose 5.5% yearly in October and mining and quarrying output grew 2.4%.

Electricity output and water supply gained by 40.6% and 10.7%, respectively.

On a monthly basis, industrial output gained 2.3% in October.

Separate data from the Warsaw-based statistics agency showed that producer prices increased 11.8% annually in October, following 10.3% increase in September.

Prices in mining and quarrying grew 23.2% and prices in manufacturing rise 11.9%.

Prices for electricity, gas supply, steam and hot, and water supply, sewerage and waste management prices increased by 8.5% and 3.8%, respectively.

On a month-on-month basis, producer prices rose 1.8% in October, following a 0.9 in the prior month.

MOCTEN

 

In January 1993, EUNET launched the first online news website, MOCTEN.com (stands for Music Opinions Culture Technology Economy News), led by Eric Bach, Teus Hagen, Peter Collinson, Julf Helsingius, Daniel Karrenberg,...  Read more

×