CEE PMIs: on the up | beyondbrics:
"Central Europe’s economies are showing strong signs of life, if the crop of manufacturing PMI data released on Monday is anything to go by. The region – which has become the EU’s low-cost workshop – is being lifted by the broader eurozone revival.
For Poland, the Purchasing Managers Index showed manufacturing quickening its pace in August, the second positive month following a 14-month slump. Polish PMI beat expectations, rising to 52.6 from July’s 51.1, where anything above 50 indicates an expansion.
The PMI data comes after a series of other indicators including employment, exports, retail sales and industrial production showed positive trends for the region’s largest economy."
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