Czech PMI Accelerated in November on Increased New Orders
By Peter Laca -
2010-12-01T08:30:00Z
Czech manufacturing growth accelerated in November after slowing to the weakest level in three months in October as new orders rose “markedly,” an industry gauge showed.
The HSBC Czech Republic Manufacturing PMI was 57.3, compared with 57.2 in the previous month, the bank said today in an e-mailed report. A reading greater than 50 signals overall growth. The November reading was above the “long-run” average of 52.5, the bank said in the report, compiled by Markit.
To contact the reporter on this story: Peter Laca in Prague at placa@bloomberg.net;
To contact the editor responsible for this story: Willy Morris at wmorris@bloomberg.net
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