Poland PMI January 2016

Poland

Poland: Manufacturing PMI falls in January

February 1, 2016

The manufacturing Purchasing Managers’ Index (PMI) fell from December’s 52.1 to 50.9 in January, according to a release provided by Markit. While the reading marked a four-month low, the index remained above the 50-threshold that separates expansion from contraction in the manufacturing sector.

January’s reading mainly reflected that both output and new orders grew at their slowest rate since August 2015. Markit noted that, "the first batch of PMI data for 2016 signaled a loss of momentum in the Polish manufacturing sector.”

FocusEconomics Consensus Forecast panelists expect fixed investment to expand 7.0% in 2016, which is down 0.3 percentage points from last month’s estimate. For 2017, the panel sees fixed investment expanding 5.8%.


Author:, Economist

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Poland PMI Chart


Poland PMI January 2016

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: HSBC and Markit.


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