Hungary Manufacturing PMI

Hungary’s HALPIM Manufacturing PMI decreased to 54.4 in June of 2019 from 57.9 in the previous month, the lowest since March but above the long-term average of 52.5. Production, new orders, imports and exports all decreased but stayed in expansion territory. At the same time, purchased stocks and employment continued to rise. Manufacturing Pmi in Hungary averaged 52.62 from 1995 until 2019, reaching an all time high of 62 in May of 2017 and a record low of 37.20 in January of 2009.

Manufacturing Pmi in Hungary is expected to be 57.10 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Pmi in Hungary to stand at 54.00 in 12 months time. In the long-term, the Hungary Manufacturing PMI is projected to trend around 54.50 in 2020, according to our econometric models.

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Hungary Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	5.70	9.40	17.30	-37.70	Index Points	[+]
Industrial Production	8.70	6.30	23.50	-28.99	percent	[+]
Industrial Production Mom	-1.10	1.00	16.60	-13.10	percent	[+]
Manufacturing Production	6.50	3.70	34.80	-31.40	percent	[+]
New Orders	102.80	98.70	266.90	50.30	Index Points	[+]
Changes in Inventories	47618.00	258742.00	464766.00	-428674.00	HUF Million	[+]
Car Registrations	13577.00	14207.00	21340.00	2425.00		[+]
Internet Speed	14814.21	14300.93	14814.21	2884.96	KBps	[+]
IP Addresses	2456014.00	2513970.00	2810081.00	1052005.00	IP	[+]
Manufacturing Pmi	54.40	57.90	62.00	37.20		[+]
Mining Production	59.80	16.40	138.30	-50.00	percent	[+]
Steel Production	154.00	172.00	272.00	37.00	Thousand Tonnes	[+]
Competitiveness Index	64.31	63.43	64.31	4.21	Points	[+]
Competitiveness Rank	48.00	48.00	63.00	38.00		[+]
Capacity Utilization	85.20	84.80	87.90	67.80	percent	[+]
Ease of Doing Business	53.00	48.00	54.00	40.00		[+]
Electricity Production	2328.00	2588.00	3727.00	1974.00	Gigawatt-hour	[+]
Corruption Index	46.00	45.00	55.00	41.20	Points	[+]
Corruption Rank	64.00	66.00	66.00	28.00		[+]

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. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	54.40	57.90	62.00	37.20	1995 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	49.43	Jun/19	52.72	62.5 : 29.47
Brazil	51.00	Jun/19	50.2	53.5 : 41.6
Canada	49.20	Jun/19	49.1	57.1 : 47.5
China	49.40	Jun/19	50.2	52.3 : 47.2
Euro Area	47.60	Jun/19	47.7	60.6 : 33.5
France	51.90	Jun/19	50.6	58.8 : 42.7
Germany	45.00	Jun/19	44.3	63.3 : 32
India	52.10	Jun/19	52.7	55 : 47.9
Indonesia	50.60	Jun/19	51.6	58.5 : 46.4
Italy	48.40	Jun/19	49.7	59 : 47.4
Japan	49.30	Jun/19	49.8	56.2 : 29.6
Mexico	49.20	Jun/19	50	57.1 : 49.2
Netherlands	50.70	Jun/19	52.2	63.4 : 48
Russia	48.60	Jun/19	49.8	54.7 : 47.6
Saudi Arabia	57.40	Jun/19	57.3	61.8 : 51.4
Singapore	49.60	Jun/19	49.9	53.1 : 48.3
South Africa	46.20	Jun/19	45.4	60.87 : 35.09
South Korea	47.50	Jun/19	48.4	52.6 : 45.7
Spain	47.90	Jun/19	50.1	56.1 : 41.1
Switzerland	47.70	Jun/19	48.6	66.9 : 32.8
Turkey	47.90	Jun/19	45.3	55.7 : 42.7
United Kingdom	48.00	Jun/19	49.4	61.5 : 34.4
United States	50.60	Jun/19	50.5	57.9 : 50.5