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.