Poland's industrial output growth rebounded unexpectedly in May, data from Statistics Poland revealed on Friday.
Industrial production advanced 4.1% year-over-year in May, faster than the revised 2.9% growth in the prior month. Meanwhile, economists had expected a slower increase of 2.5%. In March, production grew 7.5%.
The upturn in May was mainly supported by a 32.6% growth in mining and quarrying output and a 13.7% expansion in the utility segment. The annual growth in the manufacturing output also improved to 2.5% from 1.6%.
On a monthly basis, industrial production fell 0.8% versus a 7.6% plunge in April.
