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Hungary PMI rises to 53.1 in July
August 1st, 2018
Hungary's seasonally adjusted Purchasing Managers Index (PMI) rose to 53.1 points in July from a revised 52.9 points in June, Halpim, the company which compiles the index, said on Wednesday. In its original data release on July 2, Halpim said the PMI was at 53.0 points in June but it revised its number to a lower value in the Wednesday release. An index value above 50 shows expansion in the manufacturing sector, while a value under 50 signals contraction.
MTI