Hungary PMI in November: slight expansion

Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) stood at 50.3 points in November, climbing from 47.9 points in October, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Monday.

The PMI edged over the 50-point threshold that signals expansion in the manufacturing sector, Halpim said.

Among the PMI sub-indices, the new orders index rose and was over the 50-point mark.

The production volume index increased and indicated expansion.

The employment index fell and continued to show a contraction.

The delivery times index fell.

The gauge of purchased inventories rose but was still under the 50-point mark.