Industrial production in Poland increased 3.8 percent year-on-year in December 2019, accelerating from a 1.4 percent rise in the previous month but well below market expectations of 6.1 percent. Output advanced faster for manufacturing (3.8 percent vs 0.2 percent in November); and water supply; sewerage, waste management & remediation activities (9.3 percent vs 5.3 percent). On the other hand, production slowed for electricity, gas, steam & air conditioning supply (4.6 percent vs 14.4 percent). Also, mining & quarrying production fell (-1.7 percent vs 3.4 percent) as warmer weather reduced demand for coal and salt.
Industrial Production in Poland averaged 6.21 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. This page provides the latest reported value for - Poland Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Central Statistical Office of Poland (GUS)
Industrial Production in Poland is expected to be 1.40 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 1.90 in 12 months time. In the long-term, the Poland Industrial Production is projected to trend around 2.60 percent in 2020, according to our econometric models.