Polish Manufacturing PMI Falls in April
May 02 2016 - 3:39AM
Dow Jones News
By Martin M. Sobczyk
WARSAW--Activity in Poland's manufacturing sector decelerated
sharply in April, posting only modest growth, Markit Economics said
Monday.
A survey of 300 industrial companies showed that the
manufacturing purchasing managers' index was at 51.0 in April
compared with 53.8 in March.
A PMI figure below 50 indicates a contraction in activity; above
that level signals expansion.
Growth rates for output, new orders and employment all slowed
sharply from March's reading, Markit said.
"A marginal rise in new orders suggests that overall conditions
in the sector will remain subdued in May," said Trevor Balchin,
senior economist at Markit.
Write to Martin M. Sobczyk at martin.sobczyk@wsj.com
(END) Dow Jones Newswires
May 02, 2016 03:24 ET (07:24 GMT)
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