PRAGUE, April 2 (Reuters) - Growth in Czech manufacturing
activity ebbed in March from the previous month's record high,
with the Purchasing...
...Managers' Index declining for the first time
in five months, a survey showed on Monday.
The PMI index, compiled by ABN AMRO and NTC, edged down to
57.0 from 58.5 a month earlier.
New orders, PMI's main component, posted weaker growth which
led to a slower rise in manufacturing output but overall data
still pointed to further sharp growth of the sector, said NTC.
Manufacturing accounts for more than one-third of Czech
economic activity and the PMI drop chimes with the outlook for a
gradual growth slowdown to a trend rate of some 5 percent from
last year's 6.1 percent annual clip.
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