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Polish PMI up in March

Poland’s Purchasing Managers’ Index (PMI) rose to 48.7 points in March from 47.6 points in February, according to Markit, a provider of financial information services.

The figures indicated that a slowdown which has recently hit the Polish industrial sector was the mildest in four months, according to Markit.

Poland’s PMI was 48.2 points in January, up from 47.6 points in December.

In November, the index was at 49.5 points, down from 50.4 points in October.

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 the economy is expected to improve, while a PMI rating below 50 indicates that many think it will deteriorate.

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