Poland's industrial production increased 1.4 percent from a year earlier in November 2019, easing from a 3.5 percent expansion in the previous month and defying market expectations of zero growth. Manufacturing output rose only slightly (0.2 percent), while strong growth rates were recorded for electricity, gas, steam & air conditioning supply (14.4 percent), water supply; sewerage, waste management & remediation activities (5.3 percent) and mining & quarrying (3.4 percent). Industrial Production in Poland averaged 6.22 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. 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.

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Poland Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
1.40 3.70 23.50 -15.30 1992 - 2019 percent Monthly



Calendar GMT Actual Previous Consensus TEForecast
2019-09-19 08:00 AM Aug -1.3% 5.8% 1.7% 2.2%
2019-10-18 08:00 AM Sep 5.6% -1.3% 5% 4.7%
2019-11-22 09:00 AM Oct 3.5% 5.6% 2.6% 3.2%
2019-12-19 09:00 AM Nov 1.4% 3.5% 0.0% -0.7%
2020-01-22 09:00 AM Dec 1.4% 6.1% 5.8%


News Stream
2019-11-22
Polish Industrial Output Growth Beats Estimates
Poland's industrial output growth slowed to 3.5 percent year-on-year in October of 2019 from 5.6 percent in the previous month, still beating market expectations of 2.6 percent. Output rose at a softer pace for manufacturing (3.5 percent vs 5.7 percent in September) and for water supply, sewerage waste management (8.3 percent from 9.0 percent) while mining & quarrying production dropped (-6.1 percent vs 2.2 percent). On the other hand, electricity, gas, steam and air conditioning supply output advanced faster (6.4 percent from 3.9 percent). On a monthly basis, industrial activity went up 7.8 percent, following a 10.7 percent rise in September.

2019-10-18
Polish Industrial Output Rebounds in September
Industrial production in Poland increased 5.6 percent year-on-year in September of 2019, recovering from a 1.3 percent fall in the previous month and above market expectations of a 5.0 percent rise. Output rebounded for manufacturing (5.7 percent vs -1.3 percent in August); mining & quarrying (2.2 percent vs -8.4 percent) and electricity, gas, steam & air conditioning supply (3.9 percent vs -0.3 percent). In addition, water supply, sewerage & waste management production advanced faster (9.0 percent vs 6.6 percent). On a monthly basis, industrial activity went up 10.7 percent, rebounding from a 6.0 percent fall in August.

2019-09-19
Poland Industrial Output Unexpectedly Falls in August
Industrial production in Poland decreased 1.3 percent year-on-year in August of 2019, down from a 5.8 percent jump in the previous month and missing market expectations of a 1.7 percent gain. Output fell for manufacturing (-1.3 percent vs 6.6 percent in July) and continued to drop for both electricity, gas, steam & air conditioning (-0.3 percent vs -1.2 percent) and mining & quarrying (-8.4 percent vs -5.1 percent). Meantime, production rose at a softer pace for water supply, sewerage & waste management (6.6 percent vs 10.9 percent). On a monthly basis, industrial production slumped 6 percent, after rising 2.8 percent in July.

2019-08-21
Poland Industrial Output Rebounds Less than Expected
Industrial production in Poland increased 5.8 percent year-on-year in July of 2019, recovering from a 2.7 percent fall in the previous month and below market expectations of a 6.6 percent rise. Output rebounded for manufacturing (6.6 percent vs -3.4 percent in June) and production advanced faster for water supply, sewerage & waste management (10.9 percent vs 2.3 percent). On the other hand, output dropped for electricity, gas, steam & air conditioning supply (-1.2 percent from 5.5 percent) and mining & quarrying (-5.1 percent from -1.9 percent). On a monthly basis, industrial activity went up 2.8 percent, after a 5.9 percent slump in June.

2019-07-18
Poland Industrial Output Falls for 1st Time in 2 Years
Industrial production in Poland decreased 2.7 percent year-on-year in June of 2019, down from a 7.7 percent jump in the previous month and against market expectations of a 2 percent gain. It is the first drop in industrial activity since April of 2017, as output fell for manufacturing (-3.4 percent from 7.8 percent in May) and mining & quarrying (-1.9 percent from 4.7 percent). Also, production slowed for electricity, gas, steam and air conditioning supply (5.5 percent from 6.8 percent) and water supply, sewerage waste management (2.3 percent from 9.4 percent).Considering the second quarter of the year, industrial production rose 4.6 percent over the same period a year earlier, lower than a 6.1 percent gainin the first quarter. Considering the first half of the year, industrial production grew 5.1 percent over a year ago.

2019-06-21
Polish Industrial Output Growth Beats Forecasts
Poland's industrial output growth slowed to 7.7 percent year-on-year in May 2019 from 9.2 percent in the previous month, still beating market expectations of 7.3 percent. Output rose at a softer pace for manufacturing (7.8 percent vs 9.6 percent in April) and for water supply, sewerage waste management (9.4 percent from 12.7 percent). On the other hand, production advanced faster for mining & quarrying (4.7 percent vs 3.3 percent) and for electricity, gas, steam and air conditioning supply (6.8 percent from 5.6 percent). Considering the first four months of 2019, industrial production grew 7.0 percent over a year ago.


Poland Industrial Production
In Poland, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 86 percent of total production. The biggest segments within Manufacturing are: food products (16 percent of total production); motor vehicles, trailers and semi-trailers (10 percent); metal products (7 percent), rubber and plastic products (6 percent), electrical equipment (5 percent), coke and refined petroleum products (5 percent), chemicals and chemical products (4 percent), other non-metallic mineral products (4 percent), and basic metals (4 percent). Electricity, gas, steam and air conditioning supply accounts for 8 percent of total output; Mining and quarrying for 3 percent; and Water supply; sewerage, waste management and remediation activities for 2 percent.

Poland Business Last Previous Highest Lowest Unit
Business Confidence -4.90 -3.30 24.90 -21.90 points [+]
Manufacturing PMI 48.00 46.70 55.90 45.60 points [+]
Industrial Production 1.40 3.70 23.50 -15.30 percent [+]
Industrial Production Mom 1.60 1.40 8.40 -6.80 percent [+]
Manufacturing Production 0.20 3.70 22.50 -15.80 percent [+]
Capacity Utilization 81.20 81.80 83.50 67.40 percent [+]
New Orders 99.80 103.70 202.50 67.50 points [+]
Changes in Inventories 6728.50 11269.00 16249.10 -4937.40 PLN Million [+]
Car Production 33.40 36.10 85.50 4.00 Thousand Units [+]
Car Registrations 52499.00 45375.00 56701.00 15750.00 [+]
Internet Speed 12609.78 12350.00 12754.88 1605.26 KBps [+]
IP Addresses 6362131.00 6321317.00 8712238.00 2628566.00 IP [+]
Steel Production 730.00 690.00 1250.00 433.00 Thousand Tonnes [+]
Mining Production 3.40 -6.10 21.40 -21.70 percent [+]
Cement Production 1621.00 1801.00 2037.00 189.00 Thousands of Tonnes [+]
Competitiveness Index 68.89 68.16 68.89 4.28 Points [+]
Competitiveness Rank 37.00 37.00 53.00 37.00 [+]
Corporate Profits 133466.20 91888.30 168721.40 8747.00 PLN Million [+]
Ease of Doing Business 40.00 33.00 72.00 24.00 [+]
Electricity Production 13824.00 12829.00 16381.00 11068.00 Gigawatt-hour [+]
Corruption Index 60.00 60.00 62.00 34.00 Points [+]
Corruption Rank 36.00 36.00 70.00 24.00 [+]