Hungary Manufacturing PMI Remains Firm in December

2026-01-05 08:45 By Joshua Ferrer 1 min. read

Hungary’s seasonally adjusted manufacturing PMI inched up to 53.7 in December 2025 from an upwardly revised 53.6 in November, remaining firmly above the long-term average of 52.3 and signaling continued expansion.

The December reading also marked the highest reading since May 2023 and exceeded the average for the month over the past three years, a period marked by slowing growth, high inflation after Russia’s 2022 invasion of Ukraine, and a recession in 2023 that left the economy largely stagnant.

Most index components rose month-on-month, with new orders increasing and staying in expansion, while the employment index climbed above the 50-point mark, indicating growth in factory jobs.

Purchase prices rose, reflecting higher input costs, and both export and import indices showed growth, pointing to improving trade conditions.



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