Poland PMI


Poland: Manufacturing PMI inches down in November

November 2, 2015

The manufacturing Purchasing Managers’ Index (PMI) inched down from 52.2 in October to 52.1 in November, according to a release provided by Markit. However, the index still rests above the 50-threshold that separates expansion from contraction in the manufacturing sector.

November’s reading mainly reflected softer new export businesses, despite strong readings in both output and new orders. Markit detailed, "the latest data signal that official manufacturing output growth will stabilise at or just below 5% yr/yr in the coming months.”

FocusEconomics Consensus Forecast panelists expect fixed investment to expand 7.0% in 2015, which is down 0.3 percentage points from last month’s estimate. For 2016, the panel sees fixed investment expanding 5.8% which is unchanged from last month’s forecast.

Author:, Economist

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Poland PMI Chart

Poland PMI November 2015

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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