Industrial production up by 1.6% in October

The volume of industrial output in Poland grew by 1.6 percent year-on-year in October, the Central Statistical Office (GUS) said on Thursday. In month-on-month terms it grew by 3.5 percent. Analysts surveyed by the Polish Press Agency had expected industrial production to grow by 1.7 percent y/y and by 3.4 percent m/m. In seasonally adjusted terms, output grew by 1.5 percent y/y and by 0.3 percent m/m. Production in the construction sector grew by 7.2 percent y/y and 1.0 percent m/m, GUS also said.