Hungary’s HALPIM Manufacturing PMI rose to 50.8 in April of 2021 from an upwardly revised 48.8 in the previous month. Still, the figure was below the long-term average of and the average registered in the same month of the past three years. Production volumes expanded and new orders grew further. Both indicators were above average in the top five such April readings in the past 25 years. Meantime, employment decreased, after several months' growth; and both the import and export indicators fell to contraction territory. source: HALPIM
Manufacturing PMI in Hungary averaged 52.35 points from 1995 until 2021, reaching an all time high of 61.12 points in May of 2017 and a record low of 30.10 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 May of 2021.
Manufacturing PMI in Hungary is expected to be 51.00 points 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 54.30 in 12 months time. 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.