Industrial production up by 6.2% in July – GUS

The industrial production in July increased by 6.2 percent y/y, while m/m it contracted by 8.5 percent, according to Central Statistics Office GUS. Analysts surveyed by the Polish Press Agency (PAP) predicted the y/y growth to be at 8.2 percent, while the m/m drop to amount to 6.9 percent. Seasonally adjusted industrial output in June was up by 6.7 percent y/y and down 1.2 percent m/m.