Financial News: Poland Industrial Output Growth Accelerates, Producer Pric

Poland Industrial Output Growth Accelerates, Producer Prices Fall Further

06/23/2025 - 06:31:00 (RTTNews)

(RTTNews) - Poland's industrial production expanded at the fastest pace in seven months in May, while producer prices continued their falling trend, separate reports from Statistics Poland revealed on Monday.

Industrial production advanced 3.9 percent year-over-year in May, faster than the 1.2 percent rise in April. Economists had expected a 4.3 percent growth for the month.

Further, this was the strongest growth since October 2024, when production had risen 4.6 percent.

Among sectors, manufacturing output alone rose by 4.1 percent annually in May, while that of the utility sector expanded by 3.2 percent. Meanwhile, mining and quarrying production logged a decline of 2.0 percent.

On a monthly basis, industrial output decreased 2.0 percent in May versus a 3.5 percent drop in April.

In a separate report, the statistical office revealed that producer prices declined 1.5 percent annually in May, following a 1.6 percent decrease in the prior month. Prices have been falling since July 2023.

Prices for the mining and quarrying sectors fell 10.7 percent, and those in the manufacturing sector slid by 1.2 percent.

On a month-on-month basis, producer prices decreased 0.3 percent.

Another piece of official data revealed that average gross wages and salaries in the enterprise sector grew 8.4 percent annually in May, versus an expected hike of 8.8 percent. The average paid employment in the enterprise sector dropped 0.8 percent in May.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

China GDP Data Due On Tuesday (01 hr(s), 52 min(s), 37 sec(s) ago)
(RTTNews) - China will release a batch of data on Tuesday, highlighting a busy day for Asia-Pacifi ...Full Story»

China Bank Lending Exceeds Expectations (10 hr(s), 59 min(s), 37 sec(s) ago)
(RTTNews) - China's bank lending exceeded economists' forecast in June, official data reve ...Full Story»

India Inflation Eases To 2.10%, Lowest Since Early 2019 (12 hr(s), 28 min(s), 37 sec(s) ago)
(RTTNews) - India's consumer price inflation eased further in June to the lowest level in more ...Full Story»

UK Employers Reduce Hiring Amid Uncertain Outlook, Budget Constraints (13 hr(s), 37 min(s), 37 sec(s) ago)
(RTTNews) - UK companies reduced their hiring activity further in June amid uncertainty over the b ...Full Story»

India Wholesale Prices Fall 0.13% In June (14 hr(s), 13 min(s), 37 sec(s) ago)
(RTTNews) - India's wholesale prices decreased for the first time in nineteen months in June, ...Full Story»

Swiss Producer And Import Prices Fall 0.7% (14 hr(s), 40 min(s), 37 sec(s) ago)
(RTTNews) - Switzerland's producer and import prices continued to decline in June, data from t ...Full Story»

Japan Tertiary Activity Index Rises Further (15 hr(s), 31 min(s), 37 sec(s) ago)
(RTTNews) - Japan's tertiary activity index increased for the second straight month in May, ac ...Full Story»

China Exports Growth Tops Expectations; Imports Rebound (15 hr(s), 41 min(s), 37 sec(s) ago)
(RTTNews) - China's exports grew more than expected in June on de-escalating trade tension wit ...Full Story»