PMI up by 2.4 points in January

The Poland Manufacturing PMI Index grew by 2.4 points month-on-month to 55.2 points in January, according to a report published by Markit Group. This is the best score in 11 months. “The PMI index grew from 52.8 points in December to 55.2 in January. This is the highest PMI score since February 2014. Additionally, the PMI index increase m/m is the largest since January 2012. All of the main components had a positive impact on the index,” a press release stated. The number of new orders grew for the fourth consecutive month. Export orders rose for the third consecutive month. Improving conditions in the manufacturing sector translated into a decline of unemployment rate and increased purchasing activity.