Polish industrial output grew 14% y/y in May, recording the biggest growth since April 2008 and considerably exceeding analysts' expectations, Puls Biznesu daily writes.

The flood that affected Poland in May was feared to have had negative effects on the industrial output, but it was not the case; industry turnover is growing faster than anybody would expect, bank City Handlowy economist Piotr Kalisz told the daily.

The main reason for the growth is the fact that companies are replenishing their stocks, believing the economic situation will improve, private employers' association PKPP Lewiatan chief economist Malgorzata Krzysztoszek told the daily.