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Polish Purchasing Managers’ Index falls again

Poland’s PMI (Purchasing Managers’ Index) fell to 50.3 points in July from 51.8 points in June, according to Markit, a provider of financial information services. Analysts had expected the PMI to stay at around the same level as in June.

The PMI reading for May was 52.1 points.

A neutral PMI rating of 50 means that businesspeople in the country feel that the economy will not change over the next month.

A higher rating means that they expect it to improve, while a PMI rating below 50 indicates that many think it will deteriorate.

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