Poland manufacturing growth eases in April

Manufacturing

Photo by Gorodenkoff/Shutterstock.com

Poland's manufacturing sector expanded at a softer pace in April, survey data from IHS Markit showed Tuesday.

The manufacturing Purchasing Managers' Index (PMI) fell to 53.7 in April from 54.3 in March. A PMI reading above 50 suggests growth in the manufacturing sector.

Output grew for the third month in a row in April, albeit at a marginal rate. Backlogs of work rose at the fastest pace in the survey history. The workforce increased for the eight months in a row in April. Suppliers' delivery time lengthened. Input price inflation rose in April and output prices increased.

New orders expanded for the fifth consecutive month in April and new export orders increased for the second strongest rate in over seven years. The 12-month outlook remained positive in April, albeit sentiment moderated to the weakest since November last year. 

ADVERTISEMENT

Banking Sector Earnings Fall 12% in Q1-Q3 Banking

Banking Sector Earnings Fall 12% in Q1-Q3

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Hungarian Researcher Makes Breakthrough in the Field of Anti... Science

Hungarian Researcher Makes Breakthrough in the Field of Anti...

Countries Exchange Experiences for Better Production of Catt... Conferences

Countries Exchange Experiences for Better Production of Catt...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.