Poland skyline at golden hour

Poland PMI November 2018

Poland: Manufacturing sector contracts in November

The manufacturing Purchasing Managers’ Index (PMI), released by IHS Markit, fell into pessimistic territory for the first time in over four years in November, logging 49.5 points (October: 50.4 points). The index had waned for six months previous to landing below the 50-point threshold that separates contraction from expansion in the manufacturing sector. Nevertheless, the result was in line with analysts’ expectations of a near-term slowdown of the Polish economy.

November’s reading pointed to contractions in new orders, output and employment—all in line with the recent slowdown across European economies. Flailing demand from Germany held back export orders. Meanwhile, lower volumes of backlogs matched the fall in workforce numbers. On the other hand, manufacturers’ purchases accelerated but remained below average. For their part, firms lowered their one-year expectations for the third month in a row.

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