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Poland Feels Pain of Russia Sanctions: Chart of the Day

Escalating trade restrictions between Russia and the U.S. and its allies over Ukraine are inflicting more pain on Poland than on other major economies in the European Union’s east because of its stronger trade ties with Russia, according to Citigroup Inc.

The CHART OF THE DAY shows the purchasing managers’ index for Poland, the largest of the EU’s post-Communist states, fell for a fifth consecutive month in July, decoupling from the Czech Republic and Hungary, the two next-biggest economies in central Europe. An index reading above 50 suggests an expansion of manufacturing performance, while a reading below 50 indicates a contraction in output.