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


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

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.