Moods in industry getting worse again
14:38
The PMI Purchasing Managers' Index of the Polish industrial sector dropped to 52.4 points in April from 52.7 points a month ago, S&P Global announced. The indicator showed the slowest pace of expansion since the beginning of 2021.
The S&P Global PMI Polish Industrial Sector is a complex index reflecting the condition of the industry, calculated on the basis of five sub-indices: new orders, production, employment, delivery times and inventories of purchased items.
Supply problems remain visible and inflationary pressures are mounting, while order portfolios were particularly hard hit, for the second consecutive month.
Forecasts for future production were still very weak against the background of long-term research, and companies continued to increase inventories to counterbalance the risks of supply shortages and continued price increases, S&P Global said.
