Poland: Manufacturing PMI rises in May
June 1, 2016
The manufacturing Purchasing Managers’ Index (PMI) rose from April’s 51.0 to 52.1 in May, according to a release provided by Markit. As a result, the index lies further above the 50-threshold that separates expansion from contraction in the manufacturing sector.
May’s reading mainly reflected across-the-board improvements as growth in output, new orders and employment picked-up pace. Markit noted that, “the other key takeaway from May’s survey was the resumption of input price inflation following a survey-record eight-month sequence of falling purchase prices in the sector. Moreover, the rate of inflation was the fastest since October 2013.”