Poland’s PMI falls again
PR dla Zagranicy
Poland’s Purchasing Managers' Index (PMI) hit a new low of 49.5 points in November, according to Markit, a provider of financial information services.
Poland’s PMI was 50.4 points in October, down from a 23-month low of 50.5 points in September, public broadcaster Polish Radio’s IAR news agency reported.
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 the economy is expected to improve, while a PMI rating below 50 indicates that many think it will deteriorate.