Poland: Manufacturing PMI falls in January
February 1, 2016
The manufacturing Purchasing Managers’ Index (PMI) fell from December’s 52.1 to 50.9 in January, according to a release provided by Markit. While the reading marked a four-month low, the index remained above the 50-threshold that separates expansion from contraction in the manufacturing sector.
January’s reading mainly reflected that both output and new orders grew at their slowest rate since August 2015. Markit noted that, "the first batch of PMI data for 2016 signaled a loss of momentum in the Polish manufacturing sector.”
Author: Eric Denis , Economist