Poland's manufacturing PMI down m/m in August

Poland's Purchasing Managers' Index (PMI) fell to 56.0 points in August 2021 from 57.6 points in July, economic researcher IHS Markit reported on Wednesday.

Despite the monthly slow-down, the pace of growth in production, new orders and purchasing was still very high and producers continued to employ new workers, Markit wrote.

Supply chain delays were among the major headaches for manufacturing, the researcher said.

Weak efficiency on the part of suppliers and shortages in commodities on the markets fuelled cost pressure, but the pace of inflation growth was the weakest since February, Market added.

A PMI above 50 represents an expansion in manufacturing when compared to the previous month. A PMI reading under 50 indicates a contraction.