Poland PMI June 2016

Poland

Poland: Manufacturing PMI declines in June

July 1, 2016

The manufacturing Purchasing Managers’ Index (PMI) inched down from May’s 52.1 to 51.8 in June, according to a release provided by Markit. Despite the fall, the index remains above the 50-threshold that separates expansion from contraction in the manufacturing sector.

June’s slow-down mainly reflected a drop in purchasing activity by Polish goods producers, which cancelled out some of the acceleration in output, new orders and exports. Markit noted that, “inflation of input prices continued in the latest survey period, but manufacturers cut their own charges for the first time in three months.”

FocusEconomics Consensus Forecast panelists expect fixed investment to expand 3.1% in 2016, which is down 1.3 percentage points from last month’s estimate. For 2017, the panel sees fixed investment expanding 5.0%.


Author:, Economist

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Poland PMI June 2016 3

Note: Markit Poland Manufacturing Purchasing Managers’ Index. Readings above 50 indicate an expansion in the manufacturing sector while readings below 50 indicate a contraction.
Source: Markit.


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