Hungary’s HALPIM Manufacturing PMI rose to 53.9 in December of 2019 from an upwardly revised 53.1 in the previous month. The reading pointed to the fastest expansion in factory activity since June, as output continued to increase while purchased stocks rose for the fifth straight month. Meanwhile, employment declined in December while the delivery lead time was longer than in November.
Manufacturing Pmi in Hungary averaged 52.61 points from 1995 until 2019, reaching an all time high of 61.20 points in May of 2017 and a record low of 37.20 points in January of 2009. 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.
Manufacturing Pmi in Hungary is expected to be 54.00 points 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 52.60 in 12 months time. In the long-term, the Hungary Manufacturing PMI is projected to trend around 52.50 points in 2020, according to our econometric models.