Czechia’s Manufacturing Purchasing Managers’ Index (PMI), compiled by market intelligence company S&P Global, continued to inch upward in March, posting 46.2. This is up from 44.3 in February and from 43.0 in January and the fourth month of consecutive upward development, although it remains below the 50-point mark, separating growth and decline. “March PMI data signalled a further deterioration across the Czech manufacturing sector, but the pace of decline eased notably to the least marked since August 2022,” commented Sian Jones, principal economist at S&P Global Market Intelligence. Jones p…