Polish PMI unchanged in March
PR dla Zagranicy
Grzegorz Siwicki
03.04.2018 10:55
Poland’s Purchasing Managers' Index (PMI) remained unchanged at 53.7 points in March, according to Markit, a provider of financial information services.
Photo: Pixabay.com/Arcaion/CC0 Creative Commons
Analysts had expected a reading of 53.1 points.
Markit said that the March reading of the index, the same as in February, signaled “a further solid improvement in economic conditions in Polish industry despite a slowdown in the rate at which new orders are growing.”
In February, the Polish PMI fell for a second consecutive month after reaching an almost three-year high of 55 in December.
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 it is expected to improve, while a PMI rating below 50 indicates that many think it will deteriorate.
(gs)
Source: PAP