empty
 
 

2018.09.1908:26:00UTC+00Poland Industrial Production Growth, Producer Prices Inflation Slows In August

Poland's industrial production growth slowed sharply in August, after a surge in the previous month, figures from the statistical office showed Wednesday.

Separate data from the statistical office showed that producer prices also grew at a slower pace in August.

Industrial production grew 5 percent year-on-year following a 10.3 percent increase in July. The slower pace of growth was in line with economists' expectations.

Compared to the previous month, production rose 0.8 percent in August following a 5.4 percent decline in July. Economists had forecast 1.20 percent growth.

Excluding the effect of seasonal factors, industrial production rose 5 percent year-on-year and grew 0.5 percent from the previous month.

Construction output jumped 20 percent year-on-year in August after an 18.7 percent growth in July.

Producer prices rose 3 percent year-on-year in August following a 3.4 percent increase in July. Economists had forecast 2.90 percent inflation.

On a month-on-month basis, producer prices were unchanged in August after a 0.1 percent increase in July. Economists had expected a 0.1 percent fall.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback