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Investing.com -- Poland’s manufacturing sector continued to contract in September, but at a slower pace than in August, according to the latest S&P Global Poland Manufacturing PMI data released Wednesday.
The headline PMI rose to 48.0 in September from 46.6 in August, marking the third consecutive monthly improvement. Despite remaining below the 50.0 neutral threshold, the index reached its highest level since April, signaling an easing in the rate of decline.
New orders fell for the sixth straight month, though the rate of contraction was the weakest since May.
Similarly, new export orders declined for the sixth consecutive month but at the slowest pace in four months, with some firms noting recovering orders from European markets.
Production levels dropped for the fifth month in a row, though the rate of contraction was the softest over this period and only modest. Employment was cut for the seventh time in 2025, but the rate of job reduction was marginal.
In a positive development, backlogs of work increased for only the second time in over three years, suggesting returning pressure on capacity.
Input prices declined for the third time in four months and at the fastest rate since January, while manufacturers reduced their output prices for the third time in five months, albeit only slightly.
The 12-month outlook for production remained positive, with manufacturers linking growth forecasts to an economic recovery, new markets, NRP funds, and new products. The Future Output Index held steady at August’s five-month high.
Trevor Balchin, Economics Director at S&P Global Market Intelligence, noted: "September rounded off a weak third quarter for the Polish manufacturing sector. The PMI averaged 46.8 over the quarter, the lowest since the second quarter of 2024."
He added: "That said, the direction of travel was encouraging as the headline figure rose for the third month running to a five-month high of 48.0 in September, above the average over the past three years (46.9) and pointing to a potential recovery in business conditions in the fourth quarter."
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