Poland: Manufacturing PMI rises from over one-year low in November
December 1, 2016
The Manufacturing Purchasing Managers’ Index (PMI) rose from October’s over one-year low of 50.2 to 51.9 in November, according to IHS Markit. The index lies above the 50-threshold that separates expansion from contraction in the manufacturing sector.
November’s improvement in Poland reflected a rise in new orders that helped lift output and sparked manufacturers to add jobs. Meanwhile, price pressures picked up and input prices grew at the fastest pace in over four years. Commenting on the result, IHS Markit analysts added, “Polish manufacturing regained some momentum in November, with the PMI rising to a level slightly greater than the average for 2016 so far.”