Polish industrial output below expectations in December
January 22, 2014
Poland's industrial output increased by 6.6% year on year in December vs. 10.0% y/y growth expected in the PAP Polish news agency consensus survey, as output fell 9.7% from the prior month, the Central Statistical Office (GUS) said.
Analysts surveyed by PAP had expected a monthly decline of 6.5%.
Polish seasonally adjusted industrial output in December was up by 5.2% y/y on a 0.4% monthly decrease.
Polish producer prices fell by 0.9% y/y in December vs. 1.1% decline expected, and were flat month on month, GUS also said.