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Tue 7 May 2024
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Hungary PMI climbs to 53.9 in December
January 2nd, 2020
Hungary's seasonally-adjusted Purchasing Managers Index (PMI) rose to 53.9 points in December from 53.1 in November, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim), which compiles the index, said on Thursday. An index value above 50 shows expansion in the manufacturing sector, while a value under 50 signals contraction. Among the sub-indices that comprise the PMI, the new orders index "strengthened a bit" and remained over the 50 threshold.
MTI