Friday, May 24th, 2013
Today's weather     
Industrial production down in Poland, EU and euro zone

14th January 2013
Bookmark and Share


Polish industrial production fell in November 2012 by 1.8 percent year-on-year, after an increase of 1.1 percent in October, according to Eurostat data. On a monthly basis production fell by 0.9.

Data from the Polish statistical office GUS, calculated using a different methodology, saw Polish industrial production fall 0.8 y/y in November 2012.

For the same month, industrial production in the 27-nation European Union fell by 3.3 percent y/y and 0.3 percent m/m, with most of the countries seeing their outputs fall.

In the 17-member euro zone, production fell by 0.3 percent m/m and 3.7 percent y/y. Analysts had expected production in the euro zone would rise by 0.2 percent on a monthly basis and decrease by 3.1 percent on annualized basis.

MM


From Warsaw Business Journal


Advertisement
The business of politics
Is Poland's ruling party finished?
BY Remi Adekoya
Though parliamentary elections are two years away, a series of recent polls showing the main opposition party Law and Justice (PiS) ahead ... READ MORE
Stratfor on Geopolitics
Migration and remittances in the euro zone periphery
BY Stratfor Global Intelligence
One of the main social consequences of Europe's economic crisis is the increasing number of people leaving countries in the ... READ MORE
Our partners