The international financial services company reported on Thursday that the Polish PMI rose to 47 in May, from 46.6 in April.
Overall, "the downturn in the Polish manufacturing sector continued in May, although supply chain conditions improved and price pressures eased to the greatest degree on record," S&P Global said.
"Output, new orders and employment all declined at softer rates than in April," it added.
Production fell for the 13th month running, it reported.
Paul Smith, economics director at S&P Global Market Intelligence, was cited as saying that "the latest PMI data for Poland revealed a sustained downturn in demand and output in the sector, linked to excess stocks and tight funds at clients."
He also said that "confidence remained relatively subdued, explaining further cuts in staff and purchasing."
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.
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Source: IAR, PAP, pmi.spglobal.com