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.
From Warsaw Business Journal
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