Hungary PMI Rises To 57.3 In October

  • 6 Nov 2018 7:59 AM
  • Hungary Matters
Hungary PMI Rises To 57.3 In October
Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) rose to 57.3 points in October from a revised 54.1 points in September, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim), which compiles the index, said.

In its original data release on October 1, Halpim said the PMI was at 53.8 points in September but it revised its number upwards in the Monday release.

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

Related articles:
Hungary's Purchasing Managers Index Falls To 53.8 In September

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