The seasonally-adjusted PMI in Hungary rose to 57 in June of 2022 from an upwardly revised 51.9 in the previous month, pointing to stronger business conditions in the country's manufacturing sector. The reading came also above the long-term average of 51.9 as well as an average reading of 50.8 in the same month of the past three years. Sub-components of the index showed a mixed picture overall. Production volumes were up from May and were above the 50-point mark; and new orders also grew and came in above the 50-point threshold, posting its strongest reading for the month since 1995. Lead times grew from May, posting its weakest monthly reading since 1995. Purchase prices increased further, showing very strong growth, posting its highest monthly reading since 1995. source: HALPIM
Manufacturing PMI in Hungary averaged 52.48 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 July of 2022.
Manufacturing PMI in Hungary is expected to be 50.00 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.