Plus   Neg

Poland Industrial Production Falls Unexpectedly In June

Poland's industrial production fell unexpectedly in June, figures from the Statistics Poland showed on Thursday.

Industrial production declined 2.7 percent year-on-year in June. Economists had expected a 2.0 percent rise.

Among components, production of electricity, gas, steam and air conditioning supply grew 5.5 percent annually in June and that of water supply rose by 2.3 percent.

While, manufacturing output, and mining and quarrying production declined by 3.4 percent and 1.9 percent, respectively.

On a monthly basis, industrial production dropped 5.9 percent in June.

Separate data from the Statistics Poland showed that the producer price inflation rose 0.6 percent yearly in June, but slower than 1.4 percent increase in the previous month. Economists had expected a 0.7 percent rise.

On a month-on-month basis, producer prices fell 0.4 percent in June, reversing a 0.2 percent rise in the preceding month.

For comments and feedback contact: 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