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Poland's Economy Is Booming! The EU's Success Story? [711]
Polish PMI shows bleak prospects for manufacturing sector
Polish Purchasing Managers' Index (PMI) fell for the third consecutive month in June to 48.0 from 48.9 in May. The reading was its weakest level in 35 months.
Data from the survey shows a decline in both output and purchases of inputs, said HSBC, linking the contraction to a weakening of domestic and export demand. The rate of decline of input orders recorded last month was the fastest in three years.
"The pace of output contraction deepened in June to levels last seen in mid-09 in line with deteriorating new orders."
wbj/article-59678-polish-pmi-shows-bleak-prospects-for-manufacturing-sector.html
Polish hotels rake in high profits from Euro 2012 fans
Poland's western city of Wroclaw, one of the host cities of the Euro 2012 football tournament, enjoyed the highest occupancy ratio in its hotels (92%) among other host cities, the daily Rzeczpospolita reports citing data by the industry website e-hotelarstwo.com.
Poznan, on the other hand, enjoyed the highest revenues per room of EUR 178.8, while room prices during the tournament were the highest in Gdansk, amounting to over EUR 220, twice as high as usual, a report by research firm STR Global showed.
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