The S&P Global study showed that the situation in the Polish manufacture is deteriorating dramatically. June PMI fell to 44.8 points – this is the lowest level in over six months. Companies are massively reducing production, reducing employment and stopping investing. There is an economical collapse that has not even stopped the hopes of EU funds.
PMI study for June. It hasn't been this bad since 2023.
The rate of decline in fresh orders and production accelerated and producers continued to reduce employment, purchases and stocks. The downturn is besides reflected in a 12-month forecast for production, which was among the weakest since the pandemic
said S&P Global.
Data were collected on 12-24 June 2025.
The decline shows the most crucial economical deterioration in the industrial sector since October 2023.
In June, 3 of the 5 components of the main PMI – fresh orders, production and stocks of purchased items – affected the main indicator. The transportation time again had a somewhat affirmative impact on the index reading, and the rate of employment simplification slowed down.
The fall in fresh orders started in April has gained momentum in June. It was strongest since October 2023, which was justified by stagnation on the market. global request was clearly weak, mainly due to unfavourable conditions in European markets (new export orders have decreased to the top degree since September 2023).
— indicated in the comment.
The continuing decline in fresh orders continued to affect production, which declined in June for the second period in a row, in addition at the fastest rate since November 2022.
In June, the companies adapted their capacity to rapidly decreasing production. employment has fallen for the 4th time since early 2025, although at a somewhat lower rate than in May. The producers besides drastically reduced the level of purchases of production products for the second period in a row, following the tiny increases observed in March and April
— stated.
The survey shows that production forecasts have clearly weakened over the next 12 months, which represents a clear return compared to the strong optimism from the end of the first quarter, before the period of uncertainty related to customs policy.
The rate of future production, which in March has peaked in 45 months, has fallen again, reaching its lowest level since November 2024.
About a 4th of companies (24%) anticipate production to increase thanks to KPO funds, improved marketplace conditions in Germany and fresh products. However, almost 1 in 5 companies (19 percent) anticipate a decline over the next 12 months due to weak inflow of orders and uncertainty.
Banks measure the results of the June survey
PKO BP analysts reported that the PMI rate fell in June below expectations, reflecting the deepest deterioration since October 2023
The rate of decline in fresh orders and production accelerated and producers continued to reduce employment, purchases and stocks. The downturn is besides reflected in a 12-month forecast for production, which was among the weakest since the pandemic
— indicated in a comment to the study.
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