Hungary PMI Edges up to 46.5 in August
Hungary's seasonally-adjusted Purchasing Managers Index (PMI) rose to 46.5 points in August from 45.9 in July, remaining under the 50-point threshold that signals expansion in the manufacturing sector, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Friday, according to a report by state news wire MTI.
Among the PMI sub-indices, the new orders index rose from the previous month but was under the 50-point mark.
The production volume index also increased but was below 50.
The employment index fell, but indicated expansion.
The delivery times index dropped and stayed under 50.
The gauge of purchased inventories rose but was under the 50-point mark.
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