The S&P Global Poland Manufacturing PMI rose to 47.5 in January 2023 from 45.6 in December and above market forecasts of 46.2. Still, the reading marked the ninth month of contraction, as production and new orders continued to fall, albeit at softer rates, amid poor market demand, challenging business environment, and stagnant economic output. Sales dropped for both domestic and international markets, with new export orders falling for the eleventh month in a row, linked to weak demand in Western European markets. The continued decrease in production and order books discouraged purchasing activity and prompting firms to lower employment. Also, companies preferred to use existing resources, pushing inventories to reduce for the eight consecutive months. Moreover, both input cost and output charges rose at a quicker rate. On a positive note, overall confidence improved to its highest level since May 2022, reflective of some growing optimism about demand and price trends in 2023. source: Markit Economics
Manufacturing PMI in Poland averaged 50.93 points from 2011 until 2023, reaching an all time high of 59.40 points in June of 2021 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 February of 2023.
Manufacturing PMI in Poland is expected to be 51.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.