Poland chems output drops 25% in November

19 December 2008 14:43  [Source: ICIS news]

PRAGUE (ICIS news)--Polish chemical production fell 25% year on year in November, the second worst result recorded by the country's 29 industrial sectors, the country's Central Statistical Office (GUS) said on Friday.

Only the metals sector - down 34.7% - suffered more, added GUS, calculating that overall Poland's industrial output declined more sharply than it expected at 8.9%.

Motor vehicle production was also badly affected by recession-hit demand in countries that buy a substantial amount of Polish exports, falling by 17.8%.

The revised figure for October showed industrial production in that month down just 0.1%.

November's figure was the worst that GUS had recorded since Poland's economic crisis of 1989-1990 following the abolition of the communist planned economy.

GUS added that 22 of the 29 industrial sectors showed output decreases in November.

To discuss issues facing the chemical industry go to ICIS connect

 

By: Will Conroy
+44 20 8652 3214

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly