The IHS Markit Poland Manufacturing PMI increased to 40.6 in May of 2020 from a record low of 31.9 in April and above market forecasts of 35.6. The reading still pointed to a Sharp contraction in factory activity, due to the ongoing coronavirus lockdown. Indices for output, new orders and employment all rose from their April lows but still indicated rapid rates of decline. Also, companies were broadly neutral regarding the 12-month horizon for output.

Manufacturing PMI in Poland averaged 50.94 points from 2011 until 2020, reaching an all time high of 55.90 points in February of 2014 and a record low of 31.90 points in April of 2020. This page provides the latest reported value for - Poland Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Poland Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Markit Economics

Manufacturing PMI in Poland is expected to be 45.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Poland to stand at 51.00 in 12 months time. In the long-term, the Poland Manufacturing PMI is projected to trend around 52.50 points in 2021 and 53.00 points in 2022, according to our econometric models.

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Poland Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
40.60 31.90 55.90 31.90 2011 - 2020 points Monthly
SA


News Stream
Poland Factory Activity Shrinks for 19th Month
The IHS Markit Poland Manufacturing PMI increased to 40.6 in May of 2020 from a record low of 31.9 in April and above market forecasts of 35.6. The reading still pointed to a Sharp contraction in factory activity, due to the ongoing coronavirus lockdown. Indices for output, new orders and employment all rose from their April lows but still indicated rapid rates of decline. Also, companies were broadly neutral regarding the 12-month horizon for output.
2020-06-01
Poland Manufacturing PMI at Record Low
The IHS Markit Poland Manufacturing PMI fell to 31.9 in April of 2020 from 42.4 in March, below market forecasts of 34.6. The reading pointed to a record contraction in manufacturing activity, as factories suspended production during the coronavirus lockdown. Production, new orders, exports, purchasing, backlogs of work, supplier performance and output expectations all fell at record paces. Also, the rate of job shedding almost equalled the record posted in April of 1999.
2020-05-04
Polish Factory Activity Shrinks at Record Pace
The IHS Markit Poland Manufacturing PMI dropped to 42.4 in March 2020 from 48.2 in the previous month and below market expectations of 45.2. The latest reading pointed to the 17th consecutive month of contraction in factory activity and the sharpest on record, as the coronavirus pandemic hit the economy. Output, new orders and export sales declined at the fastest rates since December 2008 amid the economic disruption caused by the fast-spreading covid-19. Also, employment went down for the ninth straight month and the job shedding rate accelerated at a survey-record pace to the fastest since July 2009. Despite lower demand for inputs, suppliers' delivery times lengthened by the most since series began and pre-production stocks fell for the ninth consecutive month running. Lastly, expectations regarding output dropped to its lowest level on record amid pessimistic forecasts due to the coronavirus outbreak and the long-term economic impact.
2020-04-01
Polish Factory Activity Contracts for 16th Month
The IHS Markit Poland Manufacturing PMI rose to 48.2 in February 2020 from 47.8 in the previous month and beating market expectations of 48. The latest reading pointed to the 16th straight month of contraction in factory activity, as output and new orders continued to decline. Export orders went down for the nineteenth consecutive month and at one of the steepest rates since the global financial crisis. Backlogs of work fell for the nineteenth straight month, with the rate of contraction accelerating for the first time in four months. Meantime, the job shedding rate slowed, but was still the second-fastest in nearly seven years. On the price front, input cost inflation rose to a 13-month high and output price inflation accelerated to a near 1-year high. Lastly, sentiment remained positive, still remaining weak in the context of historic survey data, as expectations were undermined by a lack of new orders and potential disruption to supply chains from the coronavirus outbreak.
2020-03-02

Poland Manufacturing PMI
The Markit Poland Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 200 manufacturing companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.