The IHS Markit Poland Manufacturing PMI unexpectedly increased to 53.8 in October 2021, from 53.4 in the previous month, beating market expectations of 53.0. Output and new orders advanced on a monthly basis, although at a soft pace due to fading foreign demand, partly because of ongoing supply constraints. Data revealed input delivery times had worsened again amid tight global supplies and difficulties in transportation of goods, which fueled another sharp rise in prices, namely in raw materials, energy, electricity, and transportation. Firms protected their margins by raising selling charges, with October seeing the second-fastest price increase on records. Meanwhile, employment rose only slightly amid labor shortages, which partly explained another robust buildup in backlogs of work. The 12-month production outlook was positive but limited by downside risks stemming from supply chain issues and rising prices. source: Markit Economics
Manufacturing PMI in Poland averaged 51.25 points from 2011 until 2021, 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 November of 2021.
Manufacturing PMI in Poland is expected to be 53.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Poland Manufacturing PMI is projected to trend around 54.00 points in 2022 and 53.60 points in 2023, according to our econometric models.