Polish PMI up
PR dla Zagranicy
Paweł Kononczuk
01.06.2016 11:18
Poland’s PMI (Purchasing Managers’ Index) climbed to 52.1 points in May, up from 51 points in April, according to Markit, a provider of financial information services.
Photo: Flickr.com/KMR Photography
Markit said in a report that last month growth in the Polish manufacturing sector accelerated after a sharp slowdown in April.
It added that production, new orders and employment all grew faster.
A neutral PMI rating of 50 means that businesspeople in the country feel that the economy will not change over the next month. A higher rating means that they expect it to improve, while a PMI rating below 50 indicates that many think it will deteriorate. (pk)
Source: IAR