The HALPIM Manufacturing PMI for Hungary fell to 52.1 in September of 2021 from a downwardly revised 55.6 in August and came in below both the long-term average as well as the average reading in the same month of the past three years. It was the lowest reading since April, as both production volumes and new orders grew softer. At the same time, employment fell for the second consecutive month. Respondents also reported a continued "very strong" increase in purchase prices, while lead times also grew, signalling continued supply chain problems. source: HALPIM

Manufacturing PMI in Hungary averaged 52.39 points from 1995 until 2021, reaching an all time high of 61.02 points in May of 2017 and a record low of 30.51 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 2021.

Manufacturing PMI in Hungary is expected to be 51.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Manufacturing PMI is projected to trend around 52.80 points in 2022 and 52.50 points in 2023, according to our econometric models.

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Hungary Manufacturing PMI


News Stream
Hungary Manufacturing PMI Falls to 5-Month Low
The HALPIM Manufacturing PMI for Hungary fell to 52.1 in September of 2021 from a downwardly revised 55.6 in August and came in below both the long-term average as well as the average reading in the same month of the past three years. It was the lowest reading since April, as both production volumes and new orders grew softer. At the same time, employment fell for the second consecutive month. Respondents also reported a continued "very strong" increase in purchase prices, while lead times also grew, signalling continued supply chain problems.
2021-10-01
Hungary Factory Activity Growth at Over 2-Year High
The HALPIM Manufacturing PMI for Hungary inched up to 55.9 in August of 2021 from an upwardly revised 55.8 in the previous month and stood above the long-term August average of 52.5. It was the strongest expansion in factory activity since May of 2019, as both production volumes and new orders remained in growth territory. Additionally, delivery lead times were also longer compared to July, although it was the lowest value for an August month on record. In contrast, goods producers were scaling up their inventory stocks at the fastest rate since August 1995. On the downside, employment shrank for the first time in three months and input prices went up for the thirteenth month in a row.
2021-09-01
Hungary Factory Activity Growth Fastest since 2019
The HALPIM Manufacturing PMI for Hungary rose to 54.7 in June of 2021 from an upwardly revised 53.1 in the previous month, above the long-term average. The latest reading pointed to the third straight expansion in the manufacturing sector and at the quickest pace since May of 2019. Production volumes rose further and new orders also increased, scaling their highest levels for the month since 1995. Employment also went up for the second straight month. The import declined but remained in positive territory, while the export indicator rose for the fourth consecutive month.
2021-07-01

Hungary Last Unit Reference Previous Highest Lowest
Manufacturing PMI 52.09 points Sep/21 55.62 61.02 30.51


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.