Industrial production in Poland rose 9.2 percent year-on-year in April of 2019, following a 5.6 percent increase in the previous month and slightly above market expectations of 9.1 percent. It was the highest gain in industrial activity since July of 2018, as output advanced faster for manufacturing (9.6 percent from 6.3 percent in March) and water supply, sewerage waste management (12.7 percent from 10.2 percent). Also, production rebounded for electricity, gas, steam and air conditioning supply (5.6 percent from -3 percent) while output slowed for mining & quarrying (3.3 percent from 4.7 percent). Industrial Production in Poland averaged 6.29 percent from 1992 until 2019, reaching an all time high of 23.50 percent in March of 2004 and a record low of -15.30 percent in January of 2009.
Industrial Production in Poland is expected to be 4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Poland to stand at 4.00 in 12 months time. In the long-term, the Poland Industrial Production is projected to trend around 3.60 percent in 2020, according to our econometric models.