Hungary’s HALPIM Manufacturing PMI rose marginally to 33.6 in April of 2020 from a record low of 28.5 in the previous month, but still pointing to a deep contraction in the country's manufacturing sector hit by lockdown measures to contain the spread of coronavirus. Output and new orders continued to decline, though slightly less. Meanwhile, the index of purchased stocks and that of employment fell further. The import indicator and the export indicator both stayed far below 50.
Manufacturing Pmi in Hungary averaged 52.44 points from 1995 until 2020, reaching an all time high of 61.10 points in May of 2017 and a record low of 28.50 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 May of 2020.
Manufacturing Pmi in Hungary is expected to be 37.00 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 50.80 in 12 months time. In the long-term, the Hungary Manufacturing PMI is projected to trend around 52.00 points in 2021 and 52.50 points in 2022, according to our econometric models.