By Martin M. Sobczyk
WARSAW--Expansion in Poland's manufacturing sector accelerated in November, Markit Economics said Thursday, reflecting a renewed increase in the volume of incoming new orders, which led to faster growth of both output and employment.
A survey of 300 industrial companies showed that the manufacturing purchasing managers index, a gauge of manufacturing activity, was at 51.9 in November compared with 50.2 in October.
A PMI figure below 50 indicates a contraction in activity, while a number above that level signals expansion.
The volume of new export orders declined further and average input prices rose at the fastest rate in four-and-a-half years, Markit also said.
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(END) Dow Jones Newswires
December 01, 2016 03:32 ET (08:32 GMT)
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