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.

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Poland Manufacturing PMI



Related Last Previous Unit Reference
Manufacturing PMI 47.50 45.60 points Jan 2023

Poland Manufacturing PMI
The S&P Global 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.
Actual Previous Highest Lowest Dates Unit Frequency
47.50 45.60 59.40 31.90 2011 - 2023 points Monthly
SA

News Stream
Poland Factory Activity Sustains Contraction
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.
2023-02-01
Poland Factory Activity Sinks for 8th Month
The S&P Global Poland Manufacturing PMI rose to 45.6 in December 2022 from 43.4 in November and above market expectations of 44.0. Still, the reading pointed to the eight month of contraction, as outputs and new orders fell further on the back of a challenging demand environment. Similarly, new export orders decreased at a softer rate but remained historically marked. The drop in output and new orders pushed firms to lower their staffing and purchasing activity levels, as firms sought to optimize existing resources. On a positive note, although inflation remained elevated, the growth on firms’ costs was the weakest for nearly two and a half years, along with output charges which increased to its softest since the beginning of 2021. Finally, overall confidence was moderate, some firms are hopeful for an improvement, while other manufacturers are concerned about the possibility of recession.
2023-01-02
Poland Factory Activity Contracts for 7th Month
The S&P Global Poland Manufacturing PMI rose to 43.4 in November 2022 from 42 in October and above market expectations of 42.9. Still, the reading pointed to the seventh month of contraction, as output and new orders declined again on the back of a challenging macroeconomic climate, which weakened demand. Similarly, new export orders decreased, marking its ninth month of consecutive fall. On prices, cost sank to its lowest level in two years amid reports of previous difficulties related to stock, sourcing and logistics were dissipating; and as manufacturers lowered their purchasing activity. However, prices continued to rise at an elevated rate pushed by surging gas and electricity prices. Meanwhile, employment decreased for a six month in a row, as firms were forced to lower staffs amid backlash of sharp fall in sales and production. Finally, overall confidence improved to a three-month high, but still at levels of historically low due to concerns on recession and high inflation.
2022-12-01