By Martin M. Sobczyk

WARSAW--Expansion in Poland's manufacturing sector accelerated sharply in December, Markit Economics said Monday, reflecting another increase in the volume of new orders, as well as growth of employment and exports.

A survey of 300 industrial companies showed that the manufacturing purchasing managers index, a gauge of manufacturing activity, was at 54.3 in December compared with 51.9 in November.

A PMI figure below 50 indicates a contraction in activity, while a number above that level signals expansion.

Inflationary pressure increased rapidly in December because of a weaker zloty aa well as higher prices of metals and oil, Markit also said. Poland's consumer prices rose 0.8% in annual terms in December, according to the Polish statistics office.

Write to Martin M. Sobczyk at

(END) Dow Jones Newswires

January 02, 2017 03:37 ET (08:37 GMT)

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