PMI index in Poland for 11 months

According to Markit, a provider of financial information services, the purchasing managers’ index in Poland fell to 11 months at 52.9 points in July.

Last month, Markit gave Poland a PMI of 54.2 points.

Markit said that the July reading of the index signalled “a slower overall improvement in business conditions in Poland’s manufacturing sector at the start of the second half of 2018”.

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.

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