CSO industrial production in August yoy fell by 1.9 percent. (Description) – Virtual Poland

CSO industrial production in August yoy fell by 1.9 percent. (Description) – Virtual Poland

Industrial production in August. fell by 1.9 percent. year on year, and compared with July decreased by 8.5 percent. – Announced on Wednesday, the Central Statistical Office.

Analysts polled by PAP expected that annual production will grow by 0.5 per cent., And mom will fall by 5.6 percent.

“After eliminating the influence of seasonal factors, industrial production stood at 0.7 per cent. Higher than in the corresponding month last year. Year and by 1.2 per cent. Lower compared to July of this year.” – Written in the message GUS.

It added that compared to August last year decline in production was recorded in 19 out of 34 industry sectors, including in the production of motor vehicles, trailers and semi-trailers – by 18.6 percent., beverages – by 11.6 per cent., in the production and supply of electricity, gas, steam and air conditioning supply – by 7.2 per cent., mining coal and lignite – by 6.6 percent., in the production of food products – by 4.7 percent., coke and refined petroleum products – by 4.3 per cent., manufacture of other non-metallic mineral products – by 3.4 percent .

The increase in industrial production sold, compared with August last year occurred in 15, including in the manufacture of computer, electronic and optical products – by 15.4 percent., furniture – by 11.2 percent., machinery and equipment – by 4.8 percent., electrical equipment – by 4.3 per cent., metal products – by 3.9 per cent., metals – by 3.0 percent. and paper and paper products – by 2.7 percent.

“In the period January-August this year. Sold industrial production was 3.4 percent. Higher compared with the same period last year., When recorded an increase of 0.8 percent.” – Reads.

It indicates, moreover, that according to preliminary data, the construction and assembly production (in constant prices), including works investment and renovation, carried out domestically by construction companies, employing more than 9 persons in August this year. about 3.6 percent. lower than last year (a decline of 11.1 percent., in August last year. year) and 5.4 percent. lower compared to July this year.

Adjusted for seasonal factors, the construction and assembly stood at 1.0 percent. higher than in August last year and by 1.8 per cent. lower than in July.

“The decline in production compared to August last year. Decided worse year by 15.7 percent. Performance of companies specializing in works related to the construction of buildings. Higher than the previous year while the production was carried out in units whose primary activity is the construction of buildings and civil engineering – by 4.1 per cent., and in entities engaged primarily in specialized construction – by 3.6 percent. ” – Written in the message GUS.

“Compared to July of this year. Decline in production was recorded in enterprises whose main activity is the construction of buildings – by 10.6 percent., And construction of buildings and civil engineering – by 4.1 per cent., While slight increase mainly concerned individuals performing specialized construction – by 0.1 percent. ” – Added.

In the period January-August this year. construction output was 5.2 percent. higher than in the same period last year., when recorded a decline of 17.2 percent.