Plus   Neg

Poland Feb. Industrial Output Growth Below Forecast

Poland's industrial production increased less than economists expected in February, data released by the Central Statistical Office showed Monday.

Industrial production increased 4.6 percent on an annual basis in February, markedly slower than the 8.8 percent growth economists expected.

Production in the manufacturing sector grew 5 percent year-on-year, while mining and quarrying production decreased 6.8 percent. There was a 4.8 percent annual growth in the output of electricity, gas, steam and hot water during the month.

Month-on-month, industrial output decreased 1 percent in February, while economists expected production to rise 3 percent.

In the two months ended February, industrial production advanced 6.9 percent from the corresponding period last year, data showed.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT