Poland: Manufacturing PMI inches down in November
November 2, 2015
The manufacturing Purchasing Managers’ Index (PMI) inched down from 52.2 in October to 52.1 in November, according to a release provided by Markit. However, the index still rests above the 50-threshold that separates expansion from contraction in the manufacturing sector.
November’s reading mainly reflected softer new export businesses, despite strong readings in both output and new orders. Markit detailed, "the latest data signal that official manufacturing output growth will stabilise at or just below 5% yr/yr in the coming months.”
Author: Eric Denis , Economist