The international financial services company reported last week that Poland's manufacturing sector contracted for the 24th successive month, the longest sequence since the survey began in 1998.
S&P Global said that new orders, exports and employment all declined at faster rates during the month, and output fell for a record 24th month running.
It added that "growth forecasts were the weakest in six months and below the long-run trend."
Paul Smith, economics director at S&P Global Market Intelligence, was cited as saying that "Poland's manufacturing downturn was extended into April, marking the longest period of continuous decline since the survey began in 1998."
He added: "Although the Polish data generally weakened in April, the flash eurozone figures provided a glimmer of hope that demand from European markets may pick up soon, as overall output rose for the second month running and Germany returned to growth."
The PMI is a composite indicator of manufacturing performance evaluated on the basis of new orders, output, employment, suppliers’ delivery times and stocks of purchases.
Any figure greater than 50 indicates overall improvement of the sector.
Poland’s PMI in April 2020 fell to its lowest level on record amid coronavirus fears, sinking to 31.9 from 42.4 a month earlier at the height of the COVID-19 crisis.
(gs)
Source: PAP, pmi.spglobal.com