November 25, 2024 09:54 GMT
POLAND: Strong Beat In Industrial Output Revives Optimism About Q4 (1/2)
POLAND
Statistics Poland released a batch of economic activity data for the month of October, with industrial output beating expectations by a comfortable margin and with wage growth staying in double-digit territory.
Table 1. Polish October Economic Activity Data
Data | Reading | BBG Estimate |
Average Gross Wages | +10.2% Y/Y | +10.4% Y/Y |
Average Gross Wages | +2.2% M/M | +2.3% M/M |
Employment | -0.5% Y/Y | -0.5% Y/Y |
Employment | -0.1% M/M | 0.0% M/M |
Industrial Output | +4.7% Y/Y | +1.8% Y/Y |
Industrial Output | +10.0% M/M | +6.6% M/M |
PPI | -5.2% Y/Y | -5.6% Y/Y |
PPI | +0.4% M/M | +0.1% M/M |
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