PMI for Poland down m/m to 43.1 points in August
18:40
The PMI index for the Polish industrial sector decreased from 43.5 points recorded the previous month to 43.1 points in August 2023, as reported by S&P Global. In August, the pressure to lower prices persisted, but price declines were milder than the record drops seen in July.
"The main PMI index fell below the 50-point mark, indicating no change, and reached 43.1 points compared to the July level of 43.5 points. Signals indicating deteriorating business conditions have been observed for 16 consecutive months, with the latest sharp drop being the most pronounced since October of the previous year," the statement read.
Meanwhile, the PMI for Logistics Managers in the eurozone services sector reached 43.5 points in August compared to 42.7 points the previous month.
