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.