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.

Ok
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Hungary Manufacturing PMI



Related Last Previous Unit Reference
Manufacturing PMI 57.00 51.90 points Jun 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
57.00 51.90 66.01 29.63 1995 - 2022 points Monthly
SA

News Stream
Hungary Factory Activity Growth Accelerates in June
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.
2022-07-01
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