Polish industrial output growth to accelerate in February

Societe Generale notes its expectations as follows:

• We expect industrial output growth to have increased to 2.5% yoy in February from 1.7% in January. 
  
  
• In monthly terms, we estimate a decrease of 1.0%. Industrial output growth in February was mainly driven by growth in manufacturing (3.9% yoy) and water supply (8.3% yoy). 
  
  
• The PMI included a slight decrease from 55.2p to 55.1p in February and still reflects solid conditions for the Polish industrial sector.