Poland skyline at golden hour

Poland PMI January 2021

Poland: PMI logs a six-month high in January

The IHS Markit manufacturing Purchasing Managers’ Index (PMI) ticked up to 51.9 in January, from December’s 51.7 and marking the best reading since July last year. As such, the index moved further above the 50-threshold, signaling an improvement in business conditions compared to the previous month.

January’s reading largely reflected growing new orders. In particular, new export orders rose at the quickest clip in three years in the month, suggesting the improvement was export-driven. That said, production contracted for the third month straight in January amid capacity constraints. On the price front, input cost inflation jumped to the highest since April 2011 due to raw material shortages and persisting supply-chain bottlenecks. Moreover, output charges rose at the fastest rate since July 2018, as firms passed on costs to customers. Lastly, despite falling output, firms remained confident about the outlook for the coming twelve months in January, although sentiment weakened slightly from December’s 31-month high.

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