The HALPIM Manufacturing PMI for Hungary fell to 49.4 in February 2021, down from a near two-year high of 54.5 in the previous month, signaling a contraction in the manufacturing sector. Production declined for the first time in eight months, while new order growth slowed. The import and export indicators also dropped into contraction territory. source: HALPIM
Manufacturing PMI in Hungary averaged 52.37 points from 1995 until 2021, reaching an all time high of 61.07 points in May of 2017 and a record low of 28.91 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 March of 2021.
Manufacturing PMI in Hungary is expected to be 50.80 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 52.00 in 12 months time. In the long-term, the Hungary Manufacturing PMI is projected to trend around 52.50 points in 2022, according to our econometric models.