Manufacturing PMIs for March were weak in Czechia and Poland and suggest that industry remained in recessionary territory in Q1. But there were some bright spots, including the marked improvement in manufacturing conditions in Turkey, the rise in new orders in Czechia and the further easing of price pressures. Meanwhile, inflation in Turkey fell to 50.5% y/y in March, but the large falls have now passed and disinflation will be more gradual.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services