Hungary PMI falls to 53.3 in April


Hungary始s seasonally adjusted Purchasing Managers始 Index (PMI) fell to 53.3 points in April, down from a revised 56.6 points in March, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim), which compiles the index, said on Wednesday.         

An index value above 50 shows expansion in the manufacturing sector, while a value under 50 signals contraction.

In its original data release on April 3, Halpim said the PMI stood at 57.0 points in March, but it revised its number to a lower value in the Wednesday release.  

Online economic news site noted that this year始s April value exceeded the long-term April average of 52, but remained below the average of 54.2 in the last three years.  

In April, among the sub-indices that comprise the PMI, the production volume index was down from March but remained above the 50 mark for the 32nd month in a row.

The new orders index also decreased but remained above 50 points, showing an expansion of new orders. The current figure was slightly above average.

Delivery times were longer than in March and the sub-index was below 50. Purchased stocks increased in April for the sixteenth month in a row. 

The employment sub-index was above 50 and showed expansion, as it has been doing for the past year.

The index for procurement volume rose compared to March, exceeding the average of the last three years and remaining above 50, while the procurement price index likewise showed an increase in April, also remaining above 50, indicating a continued rise in prices.

Of the external market indicators, the import index rose from March, remaining above 50. noted that thanks to seasonal adjustments, the index reveals 34 months of continuous growth in import volume. 

The export index likewise increased compared to March, with the value of above 50 indicating a more rapid pace of expansion of export volume.


Investment Fund Net Subscription Reaches HUF 192 bln in Apr Figures

Investment Fund Net Subscription Reaches HUF 192 bln in Apr

Parl't Approves Amendments to Legislation on Judiciary Parliament

Parl't Approves Amendments to Legislation on Judiciary

The Social Aspect of ESG is Now Inescapable Sustainability

The Social Aspect of ESG is Now Inescapable

Tourism Nights Slightly up in April 2023 Tourism

Tourism Nights Slightly up in April 2023


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.