Hungary’s HALPIM Manufacturing PMI declined to 51.3 in July of 2019 from a downwardly revised 54.1 in the previous month. The reading pointed to the slowest expansion in factory activity since May of 2016, as all components retreated from June, including two measures falling by over four percentage points. Production volumes and new orders fell. While remaining above the 50-point watershed, the publisher said both measures were below-average last month, with the July new orders reading coming in as the sixth-lowest for the month since 1995. The index of purchased stocks dropped slightly, ending a 10-month period of expansion. The employment indicator rose, posting the seventh-highest monthly reading since 1995. The export and import indicators both fell from the previous month. 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 55.20 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 54.50 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 4.30 5.70 17.30 -37.70 Index Points [+]
Industrial Production -1.40 9.10 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 88.10 102.80 266.90 50.30 Index Points [+]
Changes in Inventories 47618.00 258742.00 464766.00 -428674.00 HUF Million [+]
Car Registrations 13577.00 14207.00 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 [+]
Manufacturing Pmi 51.30 54.10 62.00 37.20 [+]
Mining Production 59.80 16.40 138.30 -50.00 percent [+]
Steel Production 122.00 154.00 272.00 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 [+]
Capacity Utilization 84.00 85.20 87.90 67.80 percent [+]
Ease of Doing Business 53.00 48.00 54.00 40.00 [+]
Electricity Production 2451.00 2328.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.30 54.10 62.00 37.20 1995 - 2019 Monthly
SA




Country Last Previous
Australia 51.30 Jul/19
Brazil 49.90 Jul/19
Canada 50.20 Jul/19
China 49.90 Jul/19
Euro Area 47.00 Aug/19
France 51.00 Aug/19
Germany 43.60 Aug/19
India 52.50 Jul/19
Indonesia 49.60 Jul/19
Italy 48.50 Jul/19
Japan 49.50 Aug/19
Mexico 49.80 Jul/19
Netherlands 50.70 Jul/19
Russia 49.30 Jul/19
Saudi Arabia 56.60 Jul/19
Singapore 49.80 Jul/19
South Africa 52.10 Jul/19
South Korea 47.30 Jul/19
Spain 48.20 Jul/19
Switzerland 44.70 Jul/19
Turkey 46.70 Jul/19
United Kingdom 48.00 Jul/19
United States 49.90 Aug/19


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