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Polish PMI hits three-year high

PR dla Zagranicy
Grzegorz Siwicki 02.01.2018 09:34
Poland’s Purchasing Managers' Index (PMI) rose to 55 points in December from 54.2 points in November, according to Markit, a provider of financial information services.
Photo: geralt/pixabay.com/CC0 Creative CommonsPhoto: geralt/pixabay.com/CC0 Creative Commons

The rise marked the index’s highest reading in almost three years and pointed to an expected further improvement in Polish industry, Markit said.

A neutral PMI rating of 50 points means that businesspeople in the country feel that trends in industry will not change over the coming month.

A higher rating means that trends are expected to improve, while a PMI rating below 50 points indicates that many think they will deteriorate.

(gs)

Source: IAR

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