Gergely Suppán of Takarékbank commented that the investment-volume data published on Tuesday morning conformed to expectations only in the manufacturing sector. The data were boosted by investments in the manufacturing sector.
Suppan noted that Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) nevertheless rose to 57.0 in February from 54.7 in January as data released on Tuesday morning showed.
Zsolt Kondrat of MKB Bank remarked that the investment-volume data was positive only in the export and manufacturing sectors. Kondrat predicted that investment volume would remain low throughout 2011 as a result of a large degree of excess capacity, the uncertain economic outlook and the government’s extraordinary taxes.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
