Poland Industrial Production YoY
To quantify how much money is made by enterprises that are a part of the industrial sector of the economy, industrial production is used in Poland. Accounting for 86% of overall production the manufacturing sector is the most important. Manufacturers' largest segments include food products (16% of total production), motor vehicles, trailers, and semi-trailers (10%), metal products (7%), rubber and plastic products (6%), electrical equipment (5%), coke and refined petroleum products (5%), chemicals and chemical products (4%), other nonmetallic mineral products (4%), and basic metals (4%). 8% of total output goes to energy, gas, and steam supply, 3% accounts for mining and quarrying, and 2% accounts for water supply, sewerage, waste management, and remediation operations.
A higher than expected figure should be seen as positive (bullish) for the PLN while a lower than expected figure should be seen as negative (bearish) for the PLN.
Forex Sentiment (PLN)
News (PLN)
Polish Economy Expands 4.9% In 2022
The Polish economy expanded during the year 2022 amid a solid increase in domestic demand and investments, though at a slower pace compared to the previous year, flash data from Statistics Poland showed on Monday. Gross domestic product advanced 4.9 percent in 2022 versus a 6.8 percent rise in 2021.
RTTNews | 942 days ago
