Strong Polish Data Underlines Growing Economy

A series of strong Polish data releases from Poland underlined the strength of Europe’s 11th largest economy.

Polish PPI

In a report issued by the Central Statistical Office, official data showed that Producer price inflation in Poland dropped unexpectedly last month, with Polish PPI falling to a seasonally adjusted figure of -1.4%, down from the -1.2% recorded in the preceding month. This came after analysts had been expecting Polish PPI to stay unchanged at -1.2% for last month.

Polish Retail Sales

In a separate report issued by the Central Statistical Office,  official Polish data showed on Thursday that Retail sales in Poland increased at a more-than-expected rate in the last quarter. Polish Retail Sales increased to a seasonally adjusted annual rate of 3.9%, a big leap from the 0.9% recorded in the preceding quarter. This came after analysts had been expecting Polish Retail Sales to increase to 3.3% for the last quarter.

Polish Industrial Production

lastly, In a report issued by the Central Statistical Office, official data showed on Thursday that Industrial production in Poland increased more-than-expected in February. Polish Industrial Output increased to a seasonally adjusted figure of 6.7%, surging from the 1.4% recorded in the preceding month.  This came after analysts had been expecting Polish Industrial Output to show an increase to 5.5% for last month.

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Daniel Simmons