"Central Europe’s economies are showing some signs of a rebound in growth – the first decent news out of the region in months – according to purchasing managers index data for June released on Monday.
Hungary moved to 50.8 in June from 47.1 in May, above the 50-point mark that separates contraction from growth (although there are some questions about the reliability of Hungarian data). The Czech Republic rose to a 15-month high of 51 from 50.1 in May. Poland, the region’s largest economy, didn’t quite match that performance, rising to 49.3 from 48 in May, but it was the best result in months.
William Jackson, emerging markets economist at Capital Economics, wrote:"
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