PMI decreases to adjusted 54.2 in May

Analysis

Hungary's seasonally adjusted Purchasing Manager Index (PMI) dropped to 54.2 in May from 55.8 in April, Halpim, the company which compiles the index, announced on Thursday.

The index value well exceeded the 52.7 average measured in May in the preceding three years. The unadjusted index was 56.8 in May, down from 57.7 in April.
A PMI over 50 reflects an expanding manufacturing sector and a PMI under 50 means the sector is contracting.

ADVERTISEMENT

458 new COVID cases registered in Hungary Figures

458 new COVID cases registered in Hungary

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New editor-in-chief at Betone Studio Appointments

New editor-in-chief at Betone Studio

Budapest leaders make public transport free for under-14s City

Budapest leaders make public transport free for under-14s

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.