Industrial production up by 8.8% in August – GUS

The industrial production in August increased by 8.8 percent y/y, while m/m it grew by 5.9 percent, according to Central Statistics Office GUS. Analysts surveyed by the Polish Press Agency (PAP) predicted the y/y growth to be at 6.1 percent, while the m/m growth to amount to 3.2 percent. Seasonally adjusted industrial output was up by 8.1 percent y/y and 3.2 percent m/m.