April PMI Climbs to 61.9
Hungary's seasonally-adjusted Purchasing Managers Index (PMI) rose to 61.9 points in April from 56Â in March, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Tuesday, according to a report by state news wire MTI.
A PMI over 50 signals expansion in the manufacturing sector.
Among the PMI sub-indices, the new orders index rose from the previous month and remained over the 50-point mark.
The production volume index increased and was over 50.
The employment index climbed and indicated growth for the 19th month in a row.
The delivery times index rose but stayed under 50.
The gauge of purchased inventories increased and was over the 50-point mark.
ADVERTISEMENT
MNB Int'l Reserves Fall EUR 358 mln in May
Parl't Approves Amendments to Legislation on Judiciary
Dana to Invest HUF 36 bln in Capacity Expansion in Hungary
Ibis Styles Budapest Airport Hotel Wins Best of Budapest & H...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 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.
