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Economy And The Numbers

Poland Industrial Output Growth Hits 42-month High; Producer Price Fall Eases

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Poland's industrial production expanded at the strongest pace in three-and-a-half years in March, while the declining trend in producer prices softened further, separate reports from Statistics Poland revealed on Tuesday.

Industrial production advanced 9.4 percent year-over-year in March, faster than the 1.3 percent rebound in February. Economists had expected an increase of 4.2 percent.

The upturn in March was mainly supported by a 21.1 percent growth in mining and quarrying output and a 9.1 percent expansion in manufacturing activity. On the other hand, the annual growth in utility sector output eased to 7.4 percent from 12.1 percent.

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