Poland Manufacturing PMI2011-2021 Data | 2022-2023 Forecast | Calendar | Historical

The IHS Markit Poland Manufacturing PMI fell to 56 in August of 2021 from 57.6 in July, pointing to a second straight month of slowing factory production after a record rate in June. Still, the reading pointed to a strong manufacturing performance as output, new orders and purchasing stayed strong despite easing on the month, and companies continued to expand workforces. Supply chain delays continued to hamper output, resulting in a near-record increase in backlogs of work. Ongoing supplier delays and raw material shortages resulted in further upward pressure on input prices, although the rate of inflation was the slowest since February. Output expectations for the next 12 months remained positive, with many firms forecasting double-digit growth as they expected the economy to rebound following the pandemic. Sentiment eased to a four-month low, however.

The IHS Markit Poland Manufacturing PMI fell to 57.6 in July of 2021 from 59.4 in June, which was a record high. Figures came below market forecasts of 59, reflecting slower growth in output, new orders, employment and input stocks, but these all continued to expand at historically sharp rates. Moreover, backlogs and purchasing activity continued to increase markedly. There was a record lengthening in suppliers' delivery times, although the rate of input price inflation eased from June's record high.

The IHS Markit Poland Manufacturing PMI rose to an all-time high of 59.4 in June 2021, from 57.2 in the previous month and well above market expectations of 57.0, signaling a strong rebound in the goods-producing sector as lockdown restrictions were eased and pent-up demand released as more parts of the economy reopened. Production rose for the fifth month running in June, and at the strongest rate since January 2017, and new orders rose for the seventh month in a row, and at the third-fastest rate on record. Moreover, the rate of job creation was the strongest since April 2017 and purchasing activity increased the most since May 2004, while backlogs of work grew for the ninth month running and at the fastest rate since the series began in 2003, a clear sign of rising pressure on manufacturing capacity. On the price front, input and output costs rose at record rates. Looking ahead, manufacturers were increasingly optimistic regarding the 12-month outlook for production.

The IHS Markit Poland Manufacturing PMI rose sharply to 57.2 in May of 2021 from 53.7 in April, well above market expectations of 54 and the highest level registered since the survey began in 1998. The current sequence of positive PMI readings was extended to 11 months. All five components of the PMI provided positive contributions to the headline figure in May, and all had positive directional influences since April. Growth rates for output and new orders accelerated notably since April, and there was a record lengthening in suppliers' delivery times due to ongoing shortages of raw materials. Meanwhile, employment and stocks of purchases increased at rates that were among the fastest in the survey history. Despite this expansion of capacity, backlogs rose at a near-record pace, contributing to a stronger 12-month outlook for production. May data also signalled record rates of inflation in both input and output prices.