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Poland: Erste, industry output accelerates in April
Fastest growth pace since mid-2018, analysts say
22 May, 18:45
(ANSA) - BELGRADE, MAY 22 - The industrial output in Poland
grew by 9.2% year-on-year in April up from 5.6% year-on-year in
March, Erste Group Research said in an instant comment today,
noting that the April data represent the "fastest growth pace
since mid-2018."
According to Erste analysts, the strongest pace of growth in
the industrial sector can be explained with the increasing
sentiment in the manufacturing sector and a positive calendar
effect.
The average industrial production growth in Poland between January and April 2019 came at 7% year-on-year, compared to 6.7% in the same period in 2018.
Erste forecasted that Poland economy will "sustain solid growth in current quarter and expand by around 4.5% y/y." (ANSA).
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The average industrial production growth in Poland between January and April 2019 came at 7% year-on-year, compared to 6.7% in the same period in 2018.
Erste forecasted that Poland economy will "sustain solid growth in current quarter and expand by around 4.5% y/y." (ANSA).
