Poland's manufacturing sector shows sluggish growth

Output and new orders grew only marginally, Markit Economics said on Tuesday in a survey of 300 industrial companies which showed the manufacturing purchasing managers' index (PMI) down to 51.1 in August from 54.5 in July.

A PMI figure below 50 signals contraction, and above that signals expansion.

"Firms cut purchasing activity, and backlogs of work fell sharply," Markit said. "There was a lack of inflationary pressure during the month, with input prices barely rising since July and a resumption of the recent downward trend in prices charged for finished manufactured goods."

Other macroeconomic data in recent weeks have shown slowing growth, reigniting talk of more interest rate cuts in Poland. (jh/rk)