Poland’s industrial production continued to grow in August, though the pace of increase was less-than-expected, figures from the statistical office indicated Thursday.
Production grew 5.3 percent year-on-year in August, which was less than the 6.4 percent increase economists had forecast. Manufacturing output rose 6.1 percent.
On a month-on-month basis, industrial production decreased 7.1 percent in August, which was a bigger fall than the 6.1 percent slump economists had predicted.
Construction output rose 4.8 percent annually in August, but fell 0.8 percent from the previous month.
The material has been provided by InstaForex Company – www.instaforex.com