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Poland: Industrial Output Indicates Upswing
In August, Poland´s industrial production was up for the third month in a row. Due to the growing exports to the Eurozone, Poland is recovering.
Poland: Industrial Output Indicates Upswing / Picture: © Vindobona.org
Compared to August 2012, Poland´s industrial output grew by 2.2%. Compared to the estimates, this is about 3.0 percentage points less. In the month before, the annual growth rate was 6.3%. From July to August, the decrease was 4.5%.
Nevertheless, Poland´s economic recovery begins to accelerate. After six quarters of decreasing growth rates, the second quarter of 2012 brought a…
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