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Poland's industrial PMI fell to 42pts in October m/m - S&P Global

09:17

Poland's industrial PMI fell to 42pts in October m/m - S&P Global
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The Purchasing Managers' Index (PMI) for Poland’s industrial sector fell to 42 points in October this year from 43 points recorded a month before, S&P Global said.

The market consensus forecast was 42.5 points. 

"The Polish industrial sector experienced another difficult month in October, with a combination of high inflation, the war in Ukraine, and general economic uncertainty contributing to lower production and new orders. Companies cut both employment and purchases in response to growing pessimism about the outlook," - the release said.

Source: ISB News 


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