The Manufacturing Purchasing Managers’ Index (PMI) for Czechia, compiled by market intelligence company S&P Global, inched upwards in February to 44.3 amid some positive signs in the struggling manufacturing sector. It is up from 43.0 in January but below the 50-point mark separating growth and decline. “Czech manufacturing firms signalled signs of optimism across the sector in February, with PMI data indicating a less marked decline,” commented Sian Jones, principal economist at S&P Global Market Intelligence. “Softer contractions in output and new order, alongside the strongest degree of con…