Poland’s manufacturing sector delivered another negative surprise in February, as the PMI fell to 47.1 from 48.8 in January, according to S&P Global. The reading, below the 50-point threshold, signals contraction for the tenth consecutive month and marks the sharpest deterioration since August 2025. Economists had expected a slight improvement.

The decline was driven mainly by a faster drop in new orders, which fell for the eleventh straight month, including weaker export demand. Production decreased for the tenth month in a row, though only marginally. Firms also accelerated job cuts, with employment falling at the fastest pace since May 2024. Meanwhile, input cost inflation surged to its highest level since January 2023, adding further pressure on manufacturers.

(pb.pl)


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