In September, Poland's PMI for the industrial sector rose to 48.6 points from 47.8 in August, marking the highest reading in ten months, according to S&P Global. Despite the ongoing contraction of the sector for the twenty-ninth consecutive month, the decline's pace has slowed. The report indicated that new orders, production, and purchasing activity decreased more slowly than in August, with stable employment levels.

Inflationary pressures remained weak, with finished goods prices dropping again. Notably, the three key sub-indices—new orders, production, and employment—positively impacted the PMI. Economists from the Polish Economic Institute expect this activity rebound to improve industrial performance over the next six months.

(wnp.pl)


More News

lifestyle

LifeStyle
7 days ago

Alicja Węgorzewska: ‘I Don’t Believe in Superstitions Like Friday the 13th or Black Cats’

LifeStyle
7 days ago

Resolutions Don’t Have to Be New Year’s Resolutions

LifeStyle
7 days ago

Elon Musk Becomes First Person with a Net Worth Exceeding $400 Billion

LifeStyle
13 days ago

Grotesque Luxury of the Wealthy: How the Rich Exploit and Harm Society

Book of Lists

Book of Lists
4 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
4 years ago

25th jubilee edition of Book of Lists – project start