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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