Poland skyline at golden hour

Poland PMI July 2021

Poland: Manufacturing PMI drops in July, but conditions still improve

The IHS Markit Manufacturing Purchasing Managers’ Index (PMI) fell to 57.6 in July from June’s 59.4, which had marked an all-time high. That said, the index still remained well above the 50-threshold, signaling a continued improvement in business conditions from the previous month.

July’s reading chiefly reflected softer expansions in new orders and output compared to the previous month; however, the rate of growth was robust overall. Regarding employment, although firms raised staff levels further in July amid strong demand and efforts to bolster capacity, the rate of job creation moderated from the previous month. On the price front, input cost inflation eased somewhat from June, but remained elevated overall, while the same happened to output charge inflation. Lastly, firms’ confidence regarding the 12-month outlook fell to the lowest in three months due to supply concerns; however, sentiment still remained strong overall.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest