Poland's industrial production jumped 44.5 percent year-on-year in April of 2021, accelerating from an 18.9 percent rise in the previous month and in line with market expectations. It was the highest gain in industrial activity on record, as output advanced faster for manufacturing (50.6 percent vs 20.9 percent in March); electricity, gas, steam and air conditioning (11.5 percent vs 5.3 percent) and water supply, sewerage waste management (20.1 percent vs 12.2 percent). In addition, mining & quarrying production rebounded (2.3 percent vs -0.6 percent). On a monthly basis, industrial output fell 9.2 percent, down from an 18.6 percent advance in March. source: Central Statistical Office of Poland (GUS)
Industrial Production in Poland averaged 6.08 percent from 1992 until 2021, reaching an all time high of 44.50 percent in April of 2021 and a record low of -24.60 percent in April of 2020. 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. Poland Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
Industrial Production in Poland is expected to be 8.50 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 3.40 percent in 2022 and 2.60 percent in 2023, according to our econometric models.