Polish December economic data shows industrial and construction output exceeding market expectations, providing a solid foundation for 2026 GDP growth.
Industrial Production Exceeds Market Consensus
Today’s data from GUS regarding industrial and construction production was better by approximately 4 percentage points than the market consensus.
Industrial production increased by 7.3% year-on-year in December after a decrease of 1.1% YoY in November. Compared to November 2025, it slightly decreased by 0.1%. In the period January-December 2025, sold industrial production was 3% higher than in the same period of 2024 (when a growth of 0.3% was recorded).
After seasonal adjustment, sold industrial production in December 2025 increased by 4.7% year-on-year.
Construction and Assembly Shows Strong Recovery
Construction and assembly production carried out in the country in December 2025 was 4.5% higher compared to December 2024 and 36.2% higher compared to November 2025.
In seasonally adjusted terms, construction and assembly production in December 2025 was 0.1% lower than in the same period of 2024 and 5.1% higher than in November 2025.