The S&P Global Poland Manufacturing PMI declined to a near two-year low of 48.5 in May of 2022 from 52.4 in April amid ongoing supply-side delays, high inflation and market instability. Production and new orders dropped the most in two years, and new export orders declined for the third successive month. Meanwhile, employment rose for a sixth straight month, although with new orders showing a negative trend, the rate of jobs growth was modest amid some evidence of the non-replacement of leavers. On the price front, rates of inflation for both inputs and at the factory gate were noticeably softer when compared to April. Finally, confidence in future production slipped to its lowest level since October 2020. source: Markit Economics

Manufacturing PMI in Poland averaged 51.35 points from 2011 until 2022, 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 June of 2022.

Manufacturing PMI in Poland is expected to be 47.60 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 52.60 points in 2023 and 53.60 points in 2024, according to our econometric models.

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Poland Manufacturing PMI

Related Last Previous Unit Reference
Manufacturing PMI 48.50 52.40 points May 2022

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
48.50 52.40 59.40 31.90 2011 - 2022 points Monthly

News Stream
Poland Factory Activity Growth at 15-Month Low
The IHS Markit Poland Manufacturing PMI declined to 52.4 in April of 2022, from 52.7 in the previous month, the lowest reading since January of 2021, with the sector pressured by instability related to the war, supply-chain problems and surging inflation. Although output and employment rose, new orders contracted the most since November 2020, weighed down by both domestic and foreign demand. On the price front, cost pressures remained historically high, with producers mentioning prices of commodities, metals and fuels the most, which firms passed down to customers, with output price inflation hitting a new record high. On the supply side, vendor performance deteriorated further and there were shortages of inputs, prompting producers to increase buffer stocks. Looking ahead, overall confidence remained little changed from a 16-month low reached in March.
Polish Factory Activity Expands the Least in 14 Months
The IHS Markit Poland Manufacturing PMI declined to 52.7 in March of 2022, from 54.7 in the previous month, pointing to the slowest expansion in factory activity in 14 months. Despite the above-50 reading, both output and new orders fell into contractionary territory, snapping a 14 and a 15-month period of growth, respectively. Additionally, export orders fell the most since mid-2020 amid the war in Ukraine, as trade with Russia and Ukraine was disrupted, and intense supply chain issues related to the pandemic. Combined with an unfavorable exchange rate and rising prices of energy products, input price inflation was the highest since last July, which was behind a record rise in selling charges. Hopes that supply chain issues and inflationary pressures would dissipate and a post-pandemic recovery in sales would lead to higher production volumes in the year ahead, helped good producers maintain a positive outlook.
Polish Factory Activity Strengthens as Expected
The IHS Markit Poland Manufacturing PMI steadied to 54.7 in February of 2022 after a 54.5 reading in January, as expected, pointing to slightly faster growth in factory activity. Both output and new orders saw higher rates of expansion, with export orders rising the most since August 2021, underpinned by firmer domestic and foreign demand. Some reports pointed to capacity constraints that were behind another rise in employment, although health issues among staff offset some of the workforce gains. On the price front, input cost inflation eased to a 12-month low and output charges moderated to an 11-month low amid slower increases in average lead times. On the 12-month outlook, manufacturers were optimistic about sales, as pandemic-related issues were expected to fade, while planned new product releases and investment were also mentioned as output drivers.