Poland's PMI at 11-month low
PR dla Zagranicy
Victoria Bieniek
01.08.2018 09:34
Poland’s Purchasing Managers' Index (PMI) has fallen to an 11 month-low of 52.9 points in July, according to Markit, a provider of financial information services.
Photo: Narodowy Bank Polski
Markit said that the July reading of the index signalled “a slower overall improvement in business conditions in Poland’s manufacturing sector at the start of the second half of 2018”.
A neutral PMI rating of 50 means that businesspeople in the country feel that the economy will not change over the coming month.
A higher rating means that it is expected to improve, while a PMI rating below 50 indicates that many think it will deteriorate. (vb/pk)
Source: IAR