GUS: April industrial output up over last year but down compared to March
According to preliminary data released by the Central Statistical Office
(GUS), industrial output continued to grow in April but was not as robust as
in the preceding months. Output for firms employing up to nine workers was
down 8.1% in April relative the month before. Nevertheless, compared to the
corresponding period last year, output was higher by 5.5%. The gap between
March and April could also be due to April being a shorter working month
because of bank holidays. Ranked by sector, the processing, manufacturing,
and energy suppliers had impressive growth while the mining and building
sectors shrank by 7.4% and 0.2% respectively. (Puls Biznesu, page 3) S.M.