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Hungary Manufacturing Purchasing Managers' Index (PMI)

Price

47.7 Points

Change +/-

-1.1 Points

Percentage Change

-2.28 %

The current value of the Manufacturing Purchasing Managers' Index (PMI) in Hungary is 47.7 Points. The Manufacturing Purchasing Managers' Index (PMI) in Hungary decreased to 47.7 Points on 8/1/2024, after it was 48.8 Points on 7/1/2024. From 9/1/1995 to 9/1/2024, the average GDP in Hungary was 52.48 Points. The all-time high was reached on 4/1/2023 with 61.56 Points, while the lowest value was recorded on 3/1/2020 with 30.27 Points.

Source: HALPIM

Manufacturing Purchasing Managers' Index (PMI) ·

3 years
5 years
10 years
25 Years
Max

Manufacturing PMI

	Manufacturing PMI
9/1/1995	53.62 points
10/1/1995	50.39 points
11/1/1995	50.21 points
12/1/1995	46.54 points
1/1/1996	51.47 points
2/1/1996	53.28 points
3/1/1996	49.2 points
4/1/1996	49.12 points
5/1/1996	52.27 points
6/1/1996	49.77 points
7/1/1996	49.84 points
8/1/1996	55.2 points
9/1/1996	55.11 points
10/1/1996	55.69 points
11/1/1996	51.96 points
12/1/1996	53.52 points
1/1/1997	49.96 points
2/1/1997	50.14 points
3/1/1997	51.84 points
4/1/1997	55.12 points
5/1/1997	51.81 points
6/1/1997	55.2 points
7/1/1997	51.75 points
8/1/1997	49.43 points
9/1/1997	51.47 points
10/1/1997	55.18 points
11/1/1997	54.69 points
12/1/1997	53.49 points
1/1/1998	57.18 points
2/1/1998	54.9 points
3/1/1998	59.29 points
4/1/1998	51.5 points
5/1/1998	48.7 points
6/1/1998	47.41 points
7/1/1998	49.75 points
8/1/1998	48.06 points
9/1/1998	48.56 points
10/1/1998	45.75 points
11/1/1998	49.56 points
12/1/1998	48.18 points
1/1/1999	57.1 points
2/1/1999	54.6 points
3/1/1999	51.05 points
4/1/1999	49.94 points
5/1/1999	50.3 points
6/1/1999	49.97 points
7/1/1999	50.26 points
8/1/1999	51.08 points
9/1/1999	54.13 points
10/1/1999	52.97 points
11/1/1999	52.64 points
12/1/1999	54.75 points
1/1/2000	53.34 points
2/1/2000	57.91 points
3/1/2000	58.69 points
4/1/2000	54.82 points
5/1/2000	55 points
6/1/2000	56.76 points
7/1/2000	54.76 points
8/1/2000	56.43 points
9/1/2000	53.78 points
10/1/2000	55.42 points
11/1/2000	55.03 points
12/1/2000	52.55 points
1/1/2001	53.45 points
2/1/2001	55.56 points
3/1/2001	55.87 points
4/1/2001	52.64 points
5/1/2001	51.92 points
6/1/2001	52.94 points
7/1/2001	52.58 points
8/1/2001	53.09 points
9/1/2001	48.75 points
10/1/2001	50.7 points
11/1/2001	54.13 points
12/1/2001	53.56 points
1/1/2002	52.94 points
2/1/2002	55.32 points
3/1/2002	52.76 points
4/1/2002	52.58 points
5/1/2002	53.97 points
6/1/2002	53.88 points
7/1/2002	54.46 points
8/1/2002	52.87 points
9/1/2002	53.09 points
10/1/2002	52.84 points
11/1/2002	54.45 points
12/1/2002	52.28 points
1/1/2003	53.79 points
2/1/2003	52.67 points
3/1/2003	50.94 points
4/1/2003	52.02 points
5/1/2003	52.16 points
6/1/2003	50.78 points
7/1/2003	52.49 points
8/1/2003	51.48 points
9/1/2003	53.49 points
10/1/2003	54.01 points
11/1/2003	50.2 points
12/1/2003	50.46 points
1/1/2004	50.33 points
2/1/2004	52.55 points
3/1/2004	50.79 points
4/1/2004	50.63 points
5/1/2004	51.65 points
6/1/2004	53.79 points
7/1/2004	50.49 points
8/1/2004	52.14 points
9/1/2004	49.17 points
10/1/2004	46.74 points
11/1/2004	51.54 points
12/1/2004	50.67 points
1/1/2005	48.57 points
2/1/2005	47.6 points
3/1/2005	49.88 points
4/1/2005	49.4 points
5/1/2005	52.02 points
6/1/2005	48.3 points
7/1/2005	52.27 points
8/1/2005	51.88 points
9/1/2005	53.01 points
10/1/2005	53.65 points
11/1/2005	55.54 points
12/1/2005	56 points
1/1/2006	53.39 points
2/1/2006	53.36 points
3/1/2006	53.1 points
4/1/2006	54.55 points
5/1/2006	54.93 points
6/1/2006	55.49 points
7/1/2006	54.82 points
8/1/2006	55.96 points
9/1/2006	53.37 points
10/1/2006	53.78 points
11/1/2006	53.1 points
12/1/2006	53.41 points
1/1/2007	53.71 points
2/1/2007	54.3 points
3/1/2007	58.08 points
4/1/2007	56.52 points
5/1/2007	52.45 points
6/1/2007	51.64 points
7/1/2007	50.82 points
8/1/2007	51.77 points
9/1/2007	54.33 points
10/1/2007	54.02 points
11/1/2007	52.35 points
12/1/2007	52.24 points
1/1/2008	56.01 points
2/1/2008	51.53 points
3/1/2008	50.86 points
4/1/2008	51.95 points
5/1/2008	52.61 points
6/1/2008	56.3 points
7/1/2008	51.77 points
8/1/2008	52.48 points
9/1/2008	50.64 points
10/1/2008	42.8 points
11/1/2008	39.66 points
12/1/2008	41.2 points
1/1/2009	37.13 points
2/1/2009	38.33 points
3/1/2009	38.28 points
4/1/2009	39.72 points
5/1/2009	47.32 points
6/1/2009	47.64 points
7/1/2009	50.31 points
8/1/2009	47.57 points
9/1/2009	50.62 points
10/1/2009	49.36 points
11/1/2009	48.3 points
12/1/2009	50.18 points
1/1/2010	52.06 points
2/1/2010	54.35 points
3/1/2010	52.87 points
4/1/2010	51.12 points
5/1/2010	51.21 points
6/1/2010	50.15 points
7/1/2010	54.05 points
8/1/2010	53.8 points
9/1/2010	51.39 points
10/1/2010	53.01 points
11/1/2010	56.29 points
12/1/2010	55.78 points
1/1/2011	53.08 points
2/1/2011	54.52 points
3/1/2011	51.56 points
4/1/2011	56.7 points
5/1/2011	53.51 points
6/1/2011	54.27 points
7/1/2011	51.91 points
8/1/2011	52.33 points
9/1/2011	51.04 points
10/1/2011	48.98 points
11/1/2011	48.16 points
12/1/2011	50.34 points
1/1/2012	48.09 points
2/1/2012	49.55 points
3/1/2012	53.82 points
4/1/2012	47.58 points
5/1/2012	53.71 points
6/1/2012	53.26 points
7/1/2012	52.6 points
8/1/2012	51.59 points
9/1/2012	51.75 points
10/1/2012	50.88 points
11/1/2012	52.28 points
12/1/2012	50.81 points
1/1/2013	53.44 points
2/1/2013	52.1 points
3/1/2013	52.61 points
4/1/2013	52.46 points
5/1/2013	48.14 points
6/1/2013	51.17 points
7/1/2013	49.86 points
8/1/2013	53.72 points
9/1/2013	53.73 points
10/1/2013	51.35 points
11/1/2013	51.94 points
12/1/2013	53.03 points
1/1/2014	55.87 points
2/1/2014	52.77 points
3/1/2014	52.62 points
4/1/2014	55.66 points
5/1/2014	53.99 points
6/1/2014	52.27 points
7/1/2014	57.79 points
8/1/2014	53.26 points
9/1/2014	51.69 points
10/1/2014	54.13 points
11/1/2014	53.89 points
12/1/2014	53.49 points
1/1/2015	52.68 points
2/1/2015	52.94 points
3/1/2015	55.24 points
4/1/2015	52.45 points
5/1/2015	54.35 points
6/1/2015	56.19 points
7/1/2015	51.64 points
8/1/2015	52.36 points
9/1/2015	54.67 points
10/1/2015	53.77 points
11/1/2015	54.55 points
12/1/2015	51.56 points
1/1/2016	51.5 points
2/1/2016	54.48 points
3/1/2016	52.63 points
4/1/2016	53.36 points
5/1/2016	51.11 points
6/1/2016	52.21 points
7/1/2016	55.47 points
8/1/2016	52.83 points
9/1/2016	56.9 points
10/1/2016	56.24 points
11/1/2016	56.39 points
12/1/2016	52.74 points
1/1/2017	55.84 points
2/1/2017	58.87 points
3/1/2017	57.01 points
4/1/2017	57.28 points
5/1/2017	60.82 points
6/1/2017	57.93 points
7/1/2017	55.29 points
8/1/2017	56.9 points
9/1/2017	59.66 points
10/1/2017	57.21 points
11/1/2017	58.54 points
12/1/2017	59.02 points
1/1/2018	59.98 points
2/1/2018	56.79 points
3/1/2018	57.49 points
4/1/2018	53.85 points
5/1/2018	53.81 points
6/1/2018	52.68 points
7/1/2018	53.65 points
8/1/2018	55.64 points
9/1/2018	54.72 points
10/1/2018	57.22 points
11/1/2018	53.64 points
12/1/2018	52.79 points
1/1/2019	54.21 points
2/1/2019	56.48 points
3/1/2019	53.23 points
4/1/2019	55.96 points
5/1/2019	57.12 points
6/1/2019	52.66 points
7/1/2019	50.24 points
8/1/2019	50.9 points
9/1/2019	53.45 points
10/1/2019	52.29 points
11/1/2019	53.23 points
12/1/2019	52.15 points
1/1/2020	52.71 points
2/1/2020	51.46 points
3/1/2020	30.27 points
4/1/2020	33.78 points
5/1/2020	41.59 points
6/1/2020	46.32 points
7/1/2020	49.58 points
8/1/2020	50.66 points
9/1/2020	51 points
10/1/2020	49.95 points
11/1/2020	52.42 points
12/1/2020	48.12 points
1/1/2021	55.84 points
2/1/2021	50.41 points
3/1/2021	49.03 points
4/1/2021	49.15 points
5/1/2021	55.13 points
6/1/2021	54.89 points
7/1/2021	54.9 points
8/1/2021	55.1 points
9/1/2021	55.16 points
10/1/2021	52.9 points
11/1/2021	53.3 points
12/1/2021	59.26 points
1/1/2022	52.97 points
2/1/2022	54.61 points
3/1/2022	58.79 points
4/1/2022	57.16 points
5/1/2022	53.1 points
6/1/2022	58.06 points
7/1/2022	58.28 points
8/1/2022	57.96 points
9/1/2022	51.88 points
10/1/2022	56.38 points
11/1/2022	55.36 points
12/1/2022	58.77 points
1/1/2023	55.48 points
2/1/2023	56.26 points
3/1/2023	55.84 points
4/1/2023	61.56 points
5/1/2023	57.26 points
6/1/2023	45.74 points
7/1/2023	46.9 points
8/1/2023	47.53 points
9/1/2023	48.38 points
10/1/2023	50.96 points
11/1/2023	50.64 points
12/1/2023	51.16 points
1/1/2024	50.24 points
2/1/2024	52.33 points
3/1/2024	52.2 points
4/1/2024	51.8 points
5/1/2024	51.3 points
6/1/2024	49.1 points
7/1/2024	48.8 points
8/1/2024	47.7 points

Manufacturing Purchasing Managers' Index (PMI) History

Date	Value
8/1/2024	47.7 Points
7/1/2024	48.8 Points
6/1/2024	49.1 Points
5/1/2024	51.3 Points
4/1/2024	51.8 Points
3/1/2024	52.2 Points
2/1/2024	52.33 Points
1/1/2024	50.24 Points
12/1/2023	51.16 Points
11/1/2023	50.64 Points
10/1/2023	50.96 Points
9/1/2023	48.38 Points
8/1/2023	47.53 Points
7/1/2023	46.9 Points
6/1/2023	45.74 Points
5/1/2023	57.26 Points
4/1/2023	61.56 Points
3/1/2023	55.84 Points
2/1/2023	56.26 Points
1/1/2023	55.48 Points
12/1/2022	58.77 Points
11/1/2022	55.36 Points
10/1/2022	56.38 Points
9/1/2022	51.88 Points
8/1/2022	57.96 Points
7/1/2022	58.28 Points
6/1/2022	58.06 Points
5/1/2022	53.1 Points
4/1/2022	57.16 Points
3/1/2022	58.79 Points
2/1/2022	54.61 Points
1/1/2022	52.97 Points
12/1/2021	59.26 Points
11/1/2021	53.3 Points
10/1/2021	52.9 Points
9/1/2021	55.16 Points
8/1/2021	55.1 Points
7/1/2021	54.9 Points
6/1/2021	54.89 Points
5/1/2021	55.13 Points
4/1/2021	49.15 Points
3/1/2021	49.03 Points
2/1/2021	50.41 Points
1/1/2021	55.84 Points
12/1/2020	48.12 Points
11/1/2020	52.42 Points
10/1/2020	49.95 Points
9/1/2020	51 Points
8/1/2020	50.66 Points
7/1/2020	49.58 Points
6/1/2020	46.32 Points
5/1/2020	41.59 Points
4/1/2020	33.78 Points
3/1/2020	30.27 Points
2/1/2020	51.46 Points
1/1/2020	52.71 Points
12/1/2019	52.15 Points
11/1/2019	53.23 Points
10/1/2019	52.29 Points
9/1/2019	53.45 Points
8/1/2019	50.9 Points
7/1/2019	50.24 Points
6/1/2019	52.66 Points
5/1/2019	57.12 Points
4/1/2019	55.96 Points
3/1/2019	53.23 Points
2/1/2019	56.48 Points
1/1/2019	54.21 Points
12/1/2018	52.79 Points
11/1/2018	53.64 Points
10/1/2018	57.22 Points
9/1/2018	54.72 Points
8/1/2018	55.64 Points
7/1/2018	53.65 Points
6/1/2018	52.68 Points
5/1/2018	53.81 Points
4/1/2018	53.85 Points
3/1/2018	57.49 Points
2/1/2018	56.79 Points
1/1/2018	59.98 Points
12/1/2017	59.02 Points
11/1/2017	58.54 Points
10/1/2017	57.21 Points
9/1/2017	59.66 Points
8/1/2017	56.9 Points
7/1/2017	55.29 Points
6/1/2017	57.93 Points
5/1/2017	60.82 Points
4/1/2017	57.28 Points
3/1/2017	57.01 Points
2/1/2017	58.87 Points
1/1/2017	55.84 Points
12/1/2016	52.74 Points
11/1/2016	56.39 Points
10/1/2016	56.24 Points
9/1/2016	56.9 Points
8/1/2016	52.83 Points
7/1/2016	55.47 Points
6/1/2016	52.21 Points
5/1/2016	51.11 Points
4/1/2016	53.36 Points
3/1/2016	52.63 Points
2/1/2016	54.48 Points
1/1/2016	51.5 Points
12/1/2015	51.56 Points
11/1/2015	54.55 Points
10/1/2015	53.77 Points
9/1/2015	54.67 Points
8/1/2015	52.36 Points
7/1/2015	51.64 Points
6/1/2015	56.19 Points
5/1/2015	54.35 Points
4/1/2015	52.45 Points
3/1/2015	55.24 Points
2/1/2015	52.94 Points
1/1/2015	52.68 Points
12/1/2014	53.49 Points
11/1/2014	53.89 Points
10/1/2014	54.13 Points
9/1/2014	51.69 Points
8/1/2014	53.26 Points
7/1/2014	57.79 Points
6/1/2014	52.27 Points
5/1/2014	53.99 Points
4/1/2014	55.66 Points
3/1/2014	52.62 Points
2/1/2014	52.77 Points
1/1/2014	55.87 Points
12/1/2013	53.03 Points
11/1/2013	51.94 Points
10/1/2013	51.35 Points
9/1/2013	53.73 Points
8/1/2013	53.72 Points
7/1/2013	49.86 Points
6/1/2013	51.17 Points
5/1/2013	48.14 Points
4/1/2013	52.46 Points
3/1/2013	52.61 Points
2/1/2013	52.1 Points
1/1/2013	53.44 Points
12/1/2012	50.81 Points
11/1/2012	52.28 Points
10/1/2012	50.88 Points
9/1/2012	51.75 Points
8/1/2012	51.59 Points
7/1/2012	52.6 Points
6/1/2012	53.26 Points
5/1/2012	53.71 Points
4/1/2012	47.58 Points
3/1/2012	53.82 Points
2/1/2012	49.55 Points
1/1/2012	48.09 Points
12/1/2011	50.34 Points
11/1/2011	48.16 Points
10/1/2011	48.98 Points
9/1/2011	51.04 Points
8/1/2011	52.33 Points
7/1/2011	51.91 Points
6/1/2011	54.27 Points
5/1/2011	53.51 Points
4/1/2011	56.7 Points
3/1/2011	51.56 Points
2/1/2011	54.52 Points
1/1/2011	53.08 Points
12/1/2010	55.78 Points
11/1/2010	56.29 Points
10/1/2010	53.01 Points
9/1/2010	51.39 Points
8/1/2010	53.8 Points
7/1/2010	54.05 Points
6/1/2010	50.15 Points
5/1/2010	51.21 Points
4/1/2010	51.12 Points
3/1/2010	52.87 Points
2/1/2010	54.35 Points
1/1/2010	52.06 Points
12/1/2009	50.18 Points
11/1/2009	48.3 Points
10/1/2009	49.36 Points
9/1/2009	50.62 Points
8/1/2009	47.57 Points
7/1/2009	50.31 Points
6/1/2009	47.64 Points
5/1/2009	47.32 Points
4/1/2009	39.72 Points
3/1/2009	38.28 Points
2/1/2009	38.33 Points
1/1/2009	37.13 Points
12/1/2008	41.2 Points
11/1/2008	39.66 Points
10/1/2008	42.8 Points
9/1/2008	50.64 Points
8/1/2008	52.48 Points
7/1/2008	51.77 Points
6/1/2008	56.3 Points
5/1/2008	52.61 Points
4/1/2008	51.95 Points
3/1/2008	50.86 Points
2/1/2008	51.53 Points
1/1/2008	56.01 Points
12/1/2007	52.24 Points
11/1/2007	52.35 Points
10/1/2007	54.02 Points
9/1/2007	54.33 Points
8/1/2007	51.77 Points
7/1/2007	50.82 Points
6/1/2007	51.64 Points
5/1/2007	52.45 Points
4/1/2007	56.52 Points
3/1/2007	58.08 Points
2/1/2007	54.3 Points
1/1/2007	53.71 Points
12/1/2006	53.41 Points
11/1/2006	53.1 Points
10/1/2006	53.78 Points
9/1/2006	53.37 Points
8/1/2006	55.96 Points
7/1/2006	54.82 Points
6/1/2006	55.49 Points
5/1/2006	54.93 Points
4/1/2006	54.55 Points
3/1/2006	53.1 Points
2/1/2006	53.36 Points
1/1/2006	53.39 Points
12/1/2005	56 Points
11/1/2005	55.54 Points
10/1/2005	53.65 Points
9/1/2005	53.01 Points
8/1/2005	51.88 Points
7/1/2005	52.27 Points
6/1/2005	48.3 Points
5/1/2005	52.02 Points
4/1/2005	49.4 Points
3/1/2005	49.88 Points
2/1/2005	47.6 Points
1/1/2005	48.57 Points
12/1/2004	50.67 Points
11/1/2004	51.54 Points
10/1/2004	46.74 Points
9/1/2004	49.17 Points
8/1/2004	52.14 Points
7/1/2004	50.49 Points
6/1/2004	53.79 Points
5/1/2004	51.65 Points
4/1/2004	50.63 Points
3/1/2004	50.79 Points
2/1/2004	52.55 Points
1/1/2004	50.33 Points
12/1/2003	50.46 Points
11/1/2003	50.2 Points
10/1/2003	54.01 Points
9/1/2003	53.49 Points
8/1/2003	51.48 Points
7/1/2003	52.49 Points
6/1/2003	50.78 Points
5/1/2003	52.16 Points
4/1/2003	52.02 Points
3/1/2003	50.94 Points
2/1/2003	52.67 Points
1/1/2003	53.79 Points
12/1/2002	52.28 Points
11/1/2002	54.45 Points
10/1/2002	52.84 Points
9/1/2002	53.09 Points
8/1/2002	52.87 Points
7/1/2002	54.46 Points
6/1/2002	53.88 Points
5/1/2002	53.97 Points
4/1/2002	52.58 Points
3/1/2002	52.76 Points
2/1/2002	55.32 Points
1/1/2002	52.94 Points
12/1/2001	53.56 Points
11/1/2001	54.13 Points
10/1/2001	50.7 Points
9/1/2001	48.75 Points
8/1/2001	53.09 Points
7/1/2001	52.58 Points
6/1/2001	52.94 Points
5/1/2001	51.92 Points
4/1/2001	52.64 Points
3/1/2001	55.87 Points
2/1/2001	55.56 Points
1/1/2001	53.45 Points
12/1/2000	52.55 Points
11/1/2000	55.03 Points
10/1/2000	55.42 Points
9/1/2000	53.78 Points
8/1/2000	56.43 Points
7/1/2000	54.76 Points
6/1/2000	56.76 Points
5/1/2000	55 Points
4/1/2000	54.82 Points
3/1/2000	58.69 Points
2/1/2000	57.91 Points
1/1/2000	53.34 Points
12/1/1999	54.75 Points
11/1/1999	52.64 Points
10/1/1999	52.97 Points
9/1/1999	54.13 Points
8/1/1999	51.08 Points
7/1/1999	50.26 Points
6/1/1999	49.97 Points
5/1/1999	50.3 Points
4/1/1999	49.94 Points
3/1/1999	51.05 Points
2/1/1999	54.6 Points
1/1/1999	57.1 Points
12/1/1998	48.18 Points
11/1/1998	49.56 Points
10/1/1998	45.75 Points
9/1/1998	48.56 Points
8/1/1998	48.06 Points
7/1/1998	49.75 Points
6/1/1998	47.41 Points
5/1/1998	48.7 Points
4/1/1998	51.5 Points
3/1/1998	59.29 Points
2/1/1998	54.9 Points
1/1/1998	57.18 Points
12/1/1997	53.49 Points
11/1/1997	54.69 Points
10/1/1997	55.18 Points
9/1/1997	51.47 Points
8/1/1997	49.43 Points
7/1/1997	51.75 Points
6/1/1997	55.2 Points
5/1/1997	51.81 Points
4/1/1997	55.12 Points
3/1/1997	51.84 Points
2/1/1997	50.14 Points
1/1/1997	49.96 Points
12/1/1996	53.52 Points
11/1/1996	51.96 Points
10/1/1996	55.69 Points
9/1/1996	55.11 Points
8/1/1996	55.2 Points
7/1/1996	49.84 Points
6/1/1996	49.77 Points
5/1/1996	52.27 Points
4/1/1996	49.12 Points
3/1/1996	49.2 Points
2/1/1996	53.28 Points
1/1/1996	51.47 Points
12/1/1995	46.54 Points
11/1/1995	50.21 Points
10/1/1995	50.39 Points
9/1/1995	53.62 Points

...

Similar Macro Indicators to Manufacturing Purchasing Managers' Index (PMI)

Name	Current	Previous	Frequency
🇭🇺 Business Climate	-11.3 points	-8.7 points	Monthly
🇭🇺 Capacity Utilization	76.1 %	70 %	Quarter
🇭🇺 Changes in Inventory Levels	-372.398 B HUF	-1.068 T HUF	Quarter
🇭🇺 Electric Vehicle Registrations	864 Units	781 Units	Monthly
🇭🇺 Electricity Production	2,993.062 Gigawatt-hour	3,032.019 Gigawatt-hour	Monthly
🇭🇺 Industrial production	-7.2 %	-9.5 %	Monthly
🇭🇺 Industrial Production MoM	0.5 %	-1.3 %	Monthly
🇭🇺 Manufacturing Production	-9.2 %	-6.4 %	Monthly
🇭🇺 Mining Production	7.4 %	19.1 %	Monthly
🇭🇺 New Orders	83.4 points	113.6 points	Monthly
🇭🇺 Passenger Car Registrations YoY	23.9 %	5.7 %	Monthly
🇭🇺 Vehicle Registrations	11,724 Units	9,531 Units	Monthly

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; a reading below 50 represents a contraction; while a reading of 50 indicates no change.

What is Manufacturing Purchasing Managers' Index (PMI)?

Manufacturing PMI, or Purchasing Managers' Index, is a critically important economic indicator that assesses the health and performance of the manufacturing sector. Frequently tracked and analyzed by economists, investors, and policymakers, the PMI offers a comprehensive insight into the prevailing business conditions of the manufacturing industry, an essential component of the broader economy. At eulerpool, where our primary aim is to present macroeconomic data with clarity and precision, we recognize the significance of the Manufacturing PMI in shaping economic landscapes and informing strategic decisions. The Manufacturing PMI is based on a survey of purchasing managers in the manufacturing sector and gauges a number of key variables, including new orders, inventory levels, production, supplier deliveries, and employment. The survey results are compiled into a single index number which provides a snapshot of the manufacturing sector's performance. A PMI reading above 50 indicates an expansion in the manufacturing sector, whereas a reading below 50 signifies contraction. The further the index is from the 50-mark, the greater the rate of change. Understanding the intricacies of Manufacturing PMI can substantially benefit stakeholders. For manufacturers, a higher PMI score suggests robust demand, encouraging higher production levels, potential expansion of facilities, and increased hiring. Conversely, a lower PMI might trigger strategies to mitigate risks, such as cost reductions or operational efficiencies. Investors closely monitor PMI data to predict stock market trends, as a thriving manufacturing sector often correlates with higher corporate earnings and stock prices. Additionally, policymakers use PMI readings to direct economic policies. When the PMI indicates declining manufacturing activity, it may prompt government interventions or monetary policy adjustments to stimulate growth. The Manufacturing PMI is derived from a methodology that involves survey responses from purchasing managers within key manufacturing industries. Participants are asked about changes in recent business conditions compared to the previous month, providing real-time insights into the sector's trajectory. The collected data is normalized and weighted to reflect the relative importance of each sub-sector within the manufacturing industry. By aggregating these responses, the PMI serves as a reliable compass, navigating through the intricacies of industrial performance and expectations. One of the primary advantages of the Manufacturing PMI is its timeliness. Published monthly, often ahead of other critical economic data, it offers a forward-looking perspective which helps stakeholders anticipate short-term shifts in economic activities. This preemptive insight empowers businesses and investors to make well-informed decisions, enhancing their ability to leverage opportunities or withstand potential downturns. Despite its profound influence, understanding the context of Manufacturing PMI is crucial. Industries naturally exhibit cyclical behaviors, and a single month's data should not be over-interpreted in isolation. To derive meaningful conclusions, it is prudent to analyze PMI trends over a period, considering external factors like geopolitical events, global supply chain disruptions, and changes in consumer demand. By acknowledging these factors, the PMI can be more accurately interpreted, providing a holistic view of industrial health. Global economic conditions have a palpable impact on the Manufacturing PMI, as shifts in international trade dynamics, tariffs, and foreign exchange rates can affect input costs and market access for manufacturers. As such, regional PMIs from different countries can also offer valuable comparative insights. At eulerpool, we present these global PMI figures alongside other macroeconomic data, giving our users a comprehensive view of the manufacturing landscape across geographies. It's important to note that the Manufacturing PMI should be viewed in conjunction with other economic indicators to form a coherent economic narrative. For instance, the PMI's implications can be better understood when analyzed alongside employment data, consumer confidence indices, and industrial production statistics. This multifaceted approach ensures that users grasp the broader economic climate, making more nuanced and informed decisions. Moreover, seasonal adjustments are applied to PMI data to account for periodic variations and ensure that the results reflect true economic activity, devoid of seasonal noise. This standardized approach allows for accurate comparisons over time, reinforcing the PMI's reliability as an economic barometer. In the modern economic landscape, technological advancements and innovation are reshaping manufacturing processes. The PMI, by encapsulating elements like new orders and supplier deliveries, indirectly measures the adoption and impact of these technological advancements. An uptick in new orders can signal increased demand for innovative products, while improvements in supplier deliveries may point towards better logistical solutions and efficiencies. The Manufacturing PMI also serves as a sentiment indicator, reflecting the confidence levels of purchasing managers. High confidence usually translates into higher investment in machinery, research and development, and labor, fostering an environment conducive to economic growth and innovation. This forward-looking sentiment can also predict broader economic trends, assisting governments and corporations in strategic planning. At eulerpool, we prioritize accurate, real-time macroeconomic data presentation, and the Manufacturing PMI is an integral part of this mission. By delivering comprehensive and understandable PMI data, we empower our users—be it businesses, investors, or policymakers—to navigate the economic waters with clarity and precision. Our platform strives to elucidate the complexities of macroeconomic indicators, making them accessible and actionable for informed decision-making. In summary, the Manufacturing PMI is an invaluable economic indicator that reflects the health of the manufacturing sector and offers critical insights for a wide range of stakeholders. Its timely and accurate depiction of manufacturing conditions helps shape economic policies, investment strategies, and business decisions. At eulerpool, we are committed to providing detailed and precise macroeconomic data, with the Manufacturing PMI being a cornerstone of our analytical arsenal. By understanding and utilizing this data, stakeholders can better anticipate economic trends and effectively navigate the evolving industrial landscape.

Country

Hungary

Continent

Europe

Highest Value

61.56

Lowest Value

30.27

Average Value

52.48

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