Poland PMI January 2017

Poland

Poland: Manufacturing PMI rises to highest level since March 2015

February 1, 2017

The Manufacturing Purchasing Managers’ Index (PMI) for Poland rose from December’s 54.3 to 54.8 in January, according to IHS Markit. The result marks the highest level in nearly two years and the index now lies further above the 50-threshold that separates expansion from contraction in the manufacturing sector.

January’s improvement reflected faster growth in output and new orders. However, the rate of job creation eased slightly while inflationary pressure was high. A new future output index was included in the survey this month and signaled strong sentiment among firms.

FocusEconomics Consensus Forecast panelists expect fixed investment to expand 2.9% in 2017, which is unchanged from last month’s estimate. For 2018, the panel sees fixed investment expanding 5.0%.


Author: Angela Bouzanis, Senior Economist

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Poland PMI January 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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