The seasonally-adjusted PMI in Hungary fell to 51.5 in May of 2022 from 58.9 in April, pointing to the slowest growth in factory activity in four months. The reading fell short of the long-term monthly average of 52.1 but exceeded an average reading of 51 in the same month of the past three years. Sub-components of the index are showing a mixed picture overall. Production volumes fell from April but remained above the 50-point mark. New orders also retreated but remained above the 50-point threshold, posting its strongest reading for the month since 1995. Lead times grew from April, posting its weakest monthly reading since 1995. Purchase prices increased further and stayed at the 50-point threshold, posting its highest monthly reading since 1995. The import and export indicators both declined from the previous month, but both remained above the 50-point mark. source: HALPIM

Manufacturing PMI in Hungary averaged 52.46 points from 1995 until 2022, reaching an all time high of 66.01 points in December of 2021 and a record low of 29.63 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 June of 2022.

Manufacturing PMI in Hungary is expected to be 53.20 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 51.50 58.90 points May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
51.50 58.90 66.01 29.63 1995 - 2022 points Monthly
SA

News Stream
Hungary Factory Growth Slows to 4-Month Low
The seasonally-adjusted PMI in Hungary fell to 51.5 in May of 2022 from 58.9 in April, pointing to the slowest growth in factory activity in four months. The reading fell short of the long-term monthly average of 52.1 but exceeded an average reading of 51 in the same month of the past three years. Sub-components of the index are showing a mixed picture overall. Production volumes fell from April but remained above the 50-point mark. New orders also retreated but remained above the 50-point threshold, posting its strongest reading for the month since 1995. Lead times grew from April, posting its weakest monthly reading since 1995. Purchase prices increased further and stayed at the 50-point threshold, posting its highest monthly reading since 1995. The import and export indicators both declined from the previous month, but both remained above the 50-point mark.
2022-06-01
Hungary Factory Activity Rises Further in April
The seasonally-adjusted PMI in Hungary rose to 58.9 in April of 2022 from 57.6 in March, pointing to the strongest growth in factory activity in four months. The reading was also above the long-term average of 52.1 as well as an average of 51.5 in the same month of the past three years. Improvements were seen in the purchasing volume index (+3.2 to 70), production (+2.4 to 64), inventories (+0.9 to 64.8), finished goods (63.6) and employment (53.5) while price pressures remained elevated (89.5).
2022-05-02
Hungary Factory Activity Growth Accelerates in March
The HALPIM Manufacturing PMI for Hungary rose to 57.6 in March from a revised 53.8 in February, above both the long-term monthly average of 51.8 as well as an average reading of 43.4 in the same month of the past three years. Production volumes expanded for the 13th successive month and at a faster pace, and new orders also rose and remained above the 50-point mark. Meanwhile, the import and export indicators both rose from the previous month. Lead times grew, posting its weakest reading for the month since 1995 and purchase prices increased further and stayed the 50-point threshold, signalling continued very strong price increases.
2022-04-01