Industrial output up 1.8% y/y in March – GUS

Industrial output increased by 1.8 percent y/y in March, and by 11.4 percent in month-on-month terms, according to statistics office GUS. Analysts polled by PAP expected industrial production to increase by 3.6 percent y/y and by 12.8 percent m/m. Seasonally-adjusted industrial output grew by 5.1 percent y/y and decreased by 0.3 percent m/m.

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