Poland's industrial production expanded at a slower pace in August, while producer prices continued their falling trend, separate reports from Statistics Poland revealed on Thursday.
Industrial production rose 0.7 percent year-over-year in August, much slower than the upwardly revised 3.0 percent rise in July. Economists had expected a 0.3 percent increase for the month.
Among sectors, output produced in the manufacturing sector expanded by 1.1 percent annually in August. On the other hand, production in the utility sector contracted sharply by 6.7 percent, and mining and quarrying output was 2.1 percent lower.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.