Poland: Industrial Output Indicates Upswing

BusinessEconomy ♦ Published: September 18, 2013; 18:05 ♦ (Vindobona)

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…