According to the latest bulletin from the Research Institute for Economic Development (IRG) at SGH Warsaw School of Economics, economic conditions in Poland’s manufacturing sector remained largely stable in June 2025. The IRGIND business climate index fell slightly by 0.2 points, settling at -0.4 points overall, but still reflecting an improvement of 5.7 points year-on-year.
The private sector experienced a slight downturn, with the index dropping by 1.2 points to -3.4, while the public sector saw a modest rise of 1.3 points, reaching 16.7 points.
By product group, the strongest gains were observed in the production of investment goods and non-durable consumer goods, rising by 0.8 and 5.7 points, respectively. However, a decline was noted among producers of intermediate goods and durable consumer goods, falling by 4.2 and 7.3 points.
In terms of company size, firms employing 51–250 and 251–500 staff reported improved conditions, while the smallest (up to 50 employees) and the largest (over 500 employees) reported declines.
Regionally, business sentiment improved in most areas — including the central, eastern, north-western, south-western, northern regions, and Mazowieckie voivodeship — with only the southern region experiencing a downturn.
Although indicators for production, orders, inventories, and employment declined slightly, producer prices, financial standing, and economic sentiment all improved.
Overall, analysts conclude that no significant shift in the industrial economic climate occurred in June, and a steady outlook is expected in the months ahead.
Source: SGH Warsaw School of Economics – Research Institute for Economic Development (IRG SGH)
Full report available at: www.sgh.waw.pl/irg
Title: Koniunktura w przemyśle. Czerwiec 2025 (Badanie okresowe nr 441)
About the Author
