PMI down to 53.4 in October, manufacturing industry still going strong
22:31
Poland’s PMI inched down in October to 53.4 from 53.7 recorded in September, Markit stated. Market consensus saw the indicator at 53.9. “The slight decrease in October is the result of somewhat slower increase in industrial output, lower stockpiles and extended delivery times,” Markit commented. Its analysts also added that Poland’s manufacturing sector is still headed for the best annual score since 2010. Markit expects industrial output to increase by 6 percent in 2017, the highest level since 2011.