The HALPIM Manufacturing PMI for Hungary surged to a record high of 64.8 in December of 2021 from 52.2 in the previous month, exceeding the long-term monthly average of 52.5 and also the average reading of 53.2 in the same month of the past three years. New orders rose to the highest December since 1995 and production volumes increased for the tenth consecutive month. Meanwhile, purchased stocks grew and purchase prices increased further, marking the strongest increase seen in December since 1995. The import and export indicators both rose from the previous month, with both staying above 50. source: HALPIM

Manufacturing PMI in Hungary averaged 52.43 points from 1995 until 2021, reaching an all time high of 64.80 points in December of 2021 and a record low of 30.47 points in March of 2020. This page provides the latest reported value for - Hungary Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Manufacturing PMI in Hungary is expected to be 54.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Manufacturing PMI is projected to trend around 52.80 points in 2023 and 52.50 points in 2024, according to our econometric models.

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Hungary Manufacturing PMI


Related Last Previous Unit Reference
Manufacturing PMI 64.80 52.20 points Dec/21

News Stream
Hungary Factory Activity Expands at Record Pace
The HALPIM Manufacturing PMI for Hungary surged to a record high of 64.8 in December of 2021 from 52.2 in the previous month, exceeding the long-term monthly average of 52.5 and also the average reading of 53.2 in the same month of the past three years. New orders rose to the highest December since 1995 and production volumes increased for the tenth consecutive month. Meanwhile, purchased stocks grew and purchase prices increased further, marking the strongest increase seen in December since 1995. The import and export indicators both rose from the previous month, with both staying above 50.
2022-01-03
Hungary Factory Activity Declines in November
The HALPIM Manufacturing PMI for Hungary eased to 52.2 in November of 2021 from a downwardly revised 52.9 in October, but still slightly exceeding the long-term monthly average. Production volumes declined, after 8 months of expansion, but remained above 50. Conversely, the purchasing volume and purchasing price indices also decreased but remained above 50, largely due to the shortage of raw materials and higher producer prices. Further, the delivery lead time index has deteriorated, dropping to the lowest reading since the start of the pandemic. On the other hand, the employment index slightly decreased, but marked the second consecutive reading over 50.
2021-12-01
Hungary Factory Activity Expands Faster in October
The HALPIM Manufacturing PMI for Hungary increased to 53.1 in October of 2021 from a downwardly revised 52 in September, exceeding the long-term monthly average as a majority of index components increased moderately. However, it came in slightly below the average reading in the same month of the past three years. Production volumes expanded for the eighth straight month, new orders posted the strongest October increase since 1995 and both the import and export indicators rose from the previous month. Meanwhile, lead times posted the worst October reading on record and purchase prices increased further, marking the strongest increase seen in October since 1995.
2021-11-02

Hungary Manufacturing PMI
In Hungary, the HALPIM (Hungarian Association of Logistics, Purchasing and Inventory Management) Manufacturing Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of executive managers in charge of purchasing at manufacturing enterprises. The Index is based on five individual indexes with the following weights: New Orders (30 percent), Production (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Inventories (10 percent). A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.