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Polish macro data disappoints

PR dla Zagranicy
Roberto Galea 19.06.2015 12:30
Industrial production grew by 2.8% y/y in May, well below analyst expectations.
Photo: pixabay.comPhoto: pixabay.com

According the country’s Central Statistical Office (GUS), over the previous month, production dropped by 1.3 percent.

Analysts had predicted a rise of 4.1 percent over the previous year.

“In the January-May period of 2015, sold production of industry was by 4.1 percent higher than in the corresponding period of 2014 which saw a 4.7 percent increase, whereas construction-assembly production [increased] by 2.9 percent [over] the corresponding period of 2014 which saw an 11.3 percent increase,” GUS wrote in a statement. (rg)

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