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.