Industrial production in Poland plunged 6.4% year-on-year in April 2023, slipping further from an upwardly revised 3% fall in the previous month and more than market expectations of a 3.4% decline. It was the largest drop since May 2020, as output continued to decrease for all industrial sectors, namely mining & quarrying (-11.7% vs -7.4% in March), manufacturing (-5.6% vs -0.4%), electricity, gas, steam & air conditioning (-14.3% vs -23.2%) and water supply (-3.8% vs -3.3%). On a monthly basis, industrial production shrank 14.8%, reversing a downwardly revised 13.9% advance in March. source: Central Statistical Office of Poland (GUS)
Industrial Production in Poland averaged 6.32 percent from 1992 until 2023, reaching an all time high of 44.20 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 2023.
Industrial Production in Poland is expected to be -4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Poland Industrial Production is projected to trend around 2.50 percent in 2024 and 2.00 percent in 2025, according to our econometric models.