Poland’s manufacturing sector showed signs of recovery in July, with the Purchasing Managers’ Index (PMI) posting a stronger-than-expected rebound.
The reading marked a notable improvement from the particularly weak performance recorded in June, signaling that the steepest part of the recent downturn in Polish industry may be behind it.
Recent data from South Africa indicated a return to expansion in private sector activity, while the Philippines reported continued manufacturing growth driven by stronger demand.
While the July figure still indicates that activity levels remain subdued overall, the positive surprise relative to market forecasts provides a counter-narrative to the broader trend of softening industrial output across parts of Europe.
The data suggests that domestic demand or export orders may be stabilizing, offering a brief respite for investors tracking Central European economic health.
The Polish rebound comes as other emerging markets show mixed signals.
Recent data from South Africa indicated a return to expansion in private sector activity, while the Philippines reported continued manufacturing growth driven by stronger demand.