Industrial production up by 9.3% in April – GUS

The industrial production in April increased by 9.3 percent y/y, and dropped by 6.8 percent m/m, according to Central Statistics Office GUS. Analysts surveyed by the Polish Press Agency (PAP) predicted the y/y growth to be at 8.3 percent, and m/m drop to reach 7.2 percent. Seasonally adjusted industrial output was up by 5.9 percent y/y and by 0.5 percent m/m.