Hungary’s HALPIM Manufacturing PMI rose to 57.9 in May of 2019 from an upwardly revised 55.2 in the previous month and well the long-term average of 52.7. Production, new orders, purchased stocks, imports and exports all increased in April while employment dropped. Manufacturing Pmi in Hungary averaged 52.61 from 1995 until 2019, reaching an all time high of 62 in May of 2017 and a record low of 37.20 in January of 2009.

Manufacturing Pmi in Hungary is expected to be 53.10 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 54.00 in 12 months time. In the long-term, the Hungary Manufacturing PMI is projected to trend around 54.50 in 2020, according to our econometric models.

Hungary Manufacturing PMI
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Hungary Business Last Previous Highest Lowest Unit
Business Confidence 9.40 7.10 17.30 -37.70 Index Points [+]
Industrial Production 6.30 8.00 23.50 -28.99 percent [+]
Industrial Production Mom -1.10 1.00 16.60 -13.10 percent [+]
Manufacturing Production 6.50 3.70 34.80 -31.40 percent [+]
New Orders 98.70 115.20 266.90 50.30 Index Points [+]
Changes in Inventories 47618.00 258742.00 464766.00 -428674.00 HUF Million [+]
Car Registrations 12412.00 13391.00 21340.00 2425.00 [+]
Internet Speed 14814.21 14300.93 14814.21 2884.96 KBps [+]
IP Addresses 2456014.00 2513970.00 2810081.00 1052005.00 IP [+]
Mining Production 59.80 16.40 138.30 -50.00 percent [+]
Manufacturing Pmi 57.88 55.15 62.00 37.20 [+]
Steel Production 172.00 176.00 272.00 37.00 Thousand Tonnes [+]
Competitiveness Index 64.31 63.43 64.31 4.21 Points [+]
Competitiveness Rank 48.00 48.00 63.00 38.00 [+]
Ease of Doing Business 53.00 48.00 54.00 40.00 [+]
Electricity Production 2487.00 2378.00 3727.00 1974.00 Gigawatt-hour [+]
Corruption Index 46.00 45.00 55.00 41.20 Points [+]
Corruption Rank 64.00 66.00 66.00 28.00 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
57.88 55.15 62.00 37.20 1995 - 2019 Monthly
SA




Country Last Previous
Australia 52.70 May/19
Brazil 50.20 May/19
Canada 49.10 May/19
China 50.20 May/19
Euro Area 47.70 May/19
France 50.60 May/19
Germany 44.30 May/19
India 52.70 May/19
Indonesia 51.60 May/19
Italy 49.70 May/19
Japan 49.80 May/19
Mexico 50.00 May/19
Netherlands 52.20 May/19
Russia 49.80 May/19
Saudi Arabia 57.30 May/19
Singapore 49.90 May/19
South Africa 45.40 May/19
South Korea 48.40 May/19
Spain 50.10 May/19
Switzerland 48.60 May/19
Turkey 45.30 May/19
United Kingdom 49.40 May/19
United States 50.50 May/19


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