Poland: Industrial production slows in April
Latest reading: Industrial production rose 3.1% in annual terms in April, following a 7.5% rise in the prior month.
Relative to the prior month’s data, the reading for manufacturing worsened in April (+1.9% on a year-on-year basis vs +7.1% in March). In contrast, the reading for electricity, gas and utilities improved in April (+11.6% vs +7.1% in March). Finally, the variation in mining and quarrying was the same as in the prior month (+20.7% in April and March).
On a seasonally adjusted month-on-month basis, industrial production fell 2.6% in April, following a 5.0% rise in the prior month.