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Industrial production growth slows in Poland in December

Staff Writer |
In December, industrial production in Poland expanded 2.3% over the same month of 2015, which was below the 3.3% increase recorded in November.

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The slowdown chiefly reflected a larger contraction in mining and quarrying production as well as slower growth in manufacturing.

In addition, electricity, gas, and steam output fell at a steep pace.

For the full year 2016, industrial output expanded 3.0%, notably below 2015’s 6.7% growth.

FocusEconomics Consensus Forecast panelists expect industrial production to increase 3.3% in 2017, which is down 0.9 percentage points from last month’s forecast.

For 2018, the panel expects growth in industrial production to be 4.3%.

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