Poland's Manufacturing PMI Little Changed, Upturn Sustained
December 01 2015 - 3:39AM
Dow Jones News
By Martin M. Sobczyk
WARSAW--Activity in Poland's manufacturing sector was little
changed in November, with business conditions for the sector
continuing to improve, Markit Economics said Tuesday.
A survey of 300 industrial companies showed the manufacturing
purchasing managers' index at 52.1 in November compared with 52.2
in October.
A PMI figure below 50 indicates contraction, while above that
level signals expansion.
"The current upturn in the sector now stretches to 14 months,
the longest in over four years," Markit said. "Improving
manufacturing conditions were underpinned by a robust increase in
the volume of new orders received in November. New contracts rose
at the fastest pace since July, despite a slower gain in new export
business."
Write to Martin M. Sobczyk at martin.sobczyk@wsj.com
(END) Dow Jones Newswires
December 01, 2015 03:24 ET (08:24 GMT)
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