Poland’s industrial output rose 4.1% year-on-year in May 2026, following a downwardly revised 2.9% increase in the previous month, exceeding market expectations of a 2.5% gain. Production strengthened in manufacturing (2.5% vs 1.6% in April), lifted by higher output in paper and paper products (11.8% vs 5.6%), other non-metallic mineral raw materials (12.2% vs 8.6%), and transport equipment (60.5% vs 15.5%). Additionally, activity increased for mining and quarrying (32.6% vs 21.4%) and electricity, gas, steam, and air-conditioning supply (13.7% vs 12%). Meanwhile, production slowed for water supply, sewerage, waste management, and remediation services (11.9% vs 13.7%). On a monthly basis, industrial production dropped 0.8% in May, easing from a 7.6% decline in the preceding period.

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