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Industrial output up by 6.6% y-o-y in April


Industrial output rose by 6.6% y-o-y in April, a deceleration compared with the previous month, according to data from the Central Statistical Office (GUS). The market had anticipated a marginally bigger increase, in the region of 7% y-o-y.

Compared with the corresponding period of 2010, output was up in 25 (out of 34) industrial sectors. Of the main sectors, the highest growth (up by 7.2% y-o-y) was noted in manufacturing, followed by mining-quarrying (up by 3.4% y-o-y). In water supply, waste management and remediation activities output went up by 2.2% y-o-y and in electricity, gas, steam and air conditioning supply it increased by 1.4% y-o-y.

In the case of the country’s manufacturing sub-sectors, particularly strong increases occurred in furniture (up by 26.5% y-o-y), metal products (up by 16.9% y-o-y), motor vehicles, trailers and semi-trailers (up by 16.2% y-o-y), and other non-metallic mineral products (up by 15% y-o-y). Double-digit growth was also noted e.g. in rubber and plastic products (up by 11.5% y-o-y) or in food products (up by 10.2% y-o-y).

On the other hand, production of electrical equipment slumped by 11.9% y-o-y, that of machinery and equipment went down by 6% y-o-y, in the pharma sector output was down by 5.5% y-o-y, and production of computer, electronic and optical equipment fell by 5% y-o-y.

In January-April industrial output grew by 8.1% y-o-y.

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