Biznes Fakty
Industry in Poland. Central Statistical Office data. Production in January 2025
In January 2025, industrial output decreased by 1 percent compared to the previous year, while it saw a monthly rise of 2.3 percent, according to the Central Statistical Office (GUS).
PAP Biznes surveyed analysts who anticipated a 1.0 percent year-on-year drop in production for January, along with a 2.3 percent month-on-month increase.
When accounting for seasonal factors, the industrial production sold in January was 0.3 percent higher than in the same month last year, and 0.5 percent above December 2023.
Decrease across 14 sectors
As per initial reports, January saw a reduction in sold production (in constant prices) in 14 industrial sectors, as stated by the Central Statistical Office. Notable declines in sold production (in constant prices) included the manufacture of motor vehicles, trailers, and semi-trailers, which fell by 15.1%, electrical equipment by 7.7%, the extraction of hard coal and brown coal (lignite) by 6.0%, beverage production by 3.6%, and in the generation and supply of electricity, gas, steam, and hot water by 2.8%. Conversely, there was an increase in sold industrial production in 20 sectors compared to January 2024, such as metals production which rose by 18.9%, repair, maintenance, and installation of machinery and equipment by 17.4%, production of other non-metallic mineral raw materials by 14.2%, waste management and raw materials recovery by 10.0 percent, and other transport equipment production by 7.5 percent.
Insights from economists
„In January, industrial production declined by 1.0% year-on-year, aligning with economists’ predictions. The decrease was noted in 14 out of 34 sectors, with metal production leading with a growth of 18.9% and pharmaceuticals also performing strongly with an increase of 15.6%. The industry continues to face challenges due to sluggish demand and issues within the EU,” the Polish Economic Institute (PIE) commented.
„Forecasts suggest that industrial activity in Poland will pick up, with an expected increase of 3.6% year-on-year in 2025, compared to 1.2% in 2024. The eurozone is projected to rebound to 2.7% year-on-year following two years of declines. The Polish industry remains relatively robust compared to the EU. However, the recovery of foreign demand will be vital for enhancing results,” PIE experts emphasized.
