The latest reading of the PMI index for the Polish industry was expected at a slightly higher level than a month earlier. Then he was 47.1 points. The average forecast now suggested a result of 48 points, a There is only 44.8 points.
The industrial PMI in June the third month in a row fell, deepening the losses. In April, the index for Poland was above the key limit of 50 points.
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Macronext
The PMI index is created on the basis of a monthly survey conducted among the management staff of over 300 Polish companies, in which they evaluate changes in orders, production, employment, delivery speeds and stocks. Reading above 50 means improvement compared to the previous period, while the reading below this value is deteriorated by the situation. The PMI index is an important indicator ahead of the dynamics of changes in industrial production in Poland.
PMI for industry. What's up in Polish factories?
“A quick decrease in new orders leads to the sharpest decrease in production for over two and a half years. Production forecasts deteriorate again. Price pressure is still weak” – score the creators of the study.
“The manufacturing sector in Poland was found at the end of the second quarter in a much worse situation than at the end of the first. The main PMI indicator, which in March recorded the highest level in almost three years, registered the lowest value in June for 20 months. Market conditions and business optimism have weakened, as the uncertainty related to the announced customs and tensions on the international stage” – comments Trevor Balchin, economic director at S&P Global Market Intelligence.
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“New orders fell in June the third month in a row and at the fastest pace since October 2023, which prompted companies to reduce production. The subindex of production has lost over the past two months over nine points, which is The largest decline in three years. Although the Polish PMI has moved again in June from the euro zone indicator (Flash data: 49.4), the recent stabilization of new orders in the EUROLANDU manufacturing sector, in particular in Germany, in the future should provide some support for Polish producers, “notes Trevor Balchin.
The report reads that in June the companies adapted processing powers to rapidly falling production. Employment has fallen for the fourth time since the beginning of 2025.although at a slightly weaker pace than in May. Manufacturers also drastically reduced the level of purchases of production of production of the second month in a row, after small increases recorded in March and April.
The reserves of the raw materials have depleted at the fastest pace since the beginning of the year. Although the demand for production resources has dropped, suppliers' supply dates have slightly extended. At the end of the second quarter, production forecasts in the next 12 months clearly weakened, which is a clear phrase compared to strong optimism from the end of the first quarter, before the period of uncertainty related to customs policy.
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The index of future production, which in March recorded the highest value in 45 months, dropped again, reaching the lowest level from November 2024. About a quarter of companies (24 percent) expect an increase in production thanks to funds from KPO, improving market conditions in Germany and new products. But Almost one in five companies (19 percent) in the next 12 months expect a decline due to a weak influx of orders and uncertainty.
In June, after three months of constant growth, and thus the longest upreet sequence for over two years, The average production costs have dropped. Despite this, the pace of the slope was small. Meanwhile, the prices of finished products have increased for the fourth time in the last five months, although only slightly.
