Poland PMI February 2017


Poland: Manufacturing PMI dips slightly from January's high

March 1, 2017

The Manufacturing Purchasing Managers’ Index (PMI) fell slightly from January’s 54.8 to 54.2 in February, according to IHS Markit. The small drop followed the highest reading in nearly two years in January, though the index remains firmly above the 50-threshold that separates expansion from contraction in the manufacturing sector.

February’s strong reading reflected growth in output, new orders and employment. Inflationary pressures, possibly driven by exchange rate instability, continued to rise and once again squeezed manufacturers with higher raw material costs. Expected future output rose to a 10-month high as optimism prevailed among manufacturers.

FocusEconomics Consensus Forecast panelists expect fixed investment to expand 2.7% in 2017, which is unchanged from last month’s estimate. For 2018, the panel sees fixed investment expanding 4.9%.

Author:, Economist

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Poland PMI Chart

Poland PMI February 2017

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: IHS Markit.

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