The Manufacturing PMI for Hungary fell to 48.8 in September of 2020 from 52.3 in August, pointing to a reverse in the growth trend seen in the last two months. The September figure was the lowest reading for the month in over two decades. It is also below the long-term average of 52.8 and the average of 55.7 registered in the same month of the past three years. Production volumes and new orders slowed, purchased stocks also fell, while the employment indicator dipped once again.

Manufacturing Pmi in Hungary averaged 52.38 points from 1995 until 2020, reaching an all time high of 61.19 points in May of 2017 and a record low of 28.95 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 October of 2020.

Manufacturing Pmi in Hungary is expected to be 53.20 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 53.50 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.

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Hungary Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
48.80 52.30 61.19 28.95 1995 - 2020 points Monthly
SA


News Stream
Hungary September Factory Activity Shrinks the Most in Over 2 Decades
The Manufacturing PMI for Hungary fell to 48.8 in September of 2020 from 52.3 in August, pointing to a reverse in the growth trend seen in the last two months. The September figure was the lowest reading for the month in over two decades. It is also below the long-term average of 52.8 and the average of 55.7 registered in the same month of the past three years. Production volumes and new orders slowed, purchased stocks also fell, while the employment indicator dipped once again.
2020-10-01
Hungary Factory Activity Continues to Recover in August
Hungary’s HALPIM Manufacturing PMI went up to 52.8 in August 2020 from an upwardly revised 51.1 in the previous month. The latest reading pointed to the second consecutive expansion in factory activity and the sharpest since December last year, amid the easing of coronavirus lockdown restrictions. Output and new orders continued to rise and employment increased for the first time in eight months. Purchased inventories advanced for the second straight month after contracting for five successive months while delivery times lengthened.
2020-09-01
Hungary Factory Activity Recovers in July
Hungary’s HALPIM Manufacturing PMI increased to 50.8 in July of 2020 from 47 in the prior month. The latest reading pointed to the first expansion in factory activity since February, as ouput and new orders rebounded. The index of purchased stocks also increased, for the first time after five successive months of contraction. However, employment continued to fall.
2020-08-03
Hungary Factory Activity Contracts at a Softer Pace
Hungary’s HALPIM Manufacturing PMI increased to 47 in June 2020 from 40.3 in the previous month, pointing to the weakest contraction in factory activity in four months amid the easing of coronavirus lockdown restrictions. Output shrank at a softer pace in four months and new orders declined at a slower rate. Also, the index of purchased stocks dropped for the fifth time after thirty-seven months of expansion. The job shedding rate slowed to an eight-month low while delivery lead times continued to lengthen.
2020-07-01

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.