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Hungary Manufacturing PMI
Last Release
Feb 28, 2025
Actual
51
Units In
Points
Previous
50
Frequency
Monthly
Next Release
Apr 02, 2025
Time to Release
27 Days 10 Hours
Highest | Lowest | Average | Date Range | Source |
65.5 Dec 2021 | 30.71 Mar 2020 | 52.43 Points | 1995-2025 | HALPIM |
In Hungary, the HALPIM (Hungarian Association of Logistics, Purchasing and Inventory Management) Manufacturing Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of executive managers in charge of purchasing at manufacturing enterprises. The Index is based on five individual indexes with the following weights: New Orders (30 percent), Production (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Inventories (10 percent). A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.
Latest Updates
The HALPIM Manufacturing PMI rose to 51 in February 2025 from an upwardly revised 50 in the previous month. This marked the highest level since May 2024, mainly driven by a 1.3 percentage point increase in new orders and a 1.5 percentage point rise in output. Additionally, the purchased inventories index saw a notable gain, climbing by 4 percentage points. However, the employment index remained below 50, signaling a contraction in hiring, while the delivery time index also stayed in negative territory. On the external front, the import index fell by 1.1 percentage points, while the export index saw a modest improvement, rising by 0.8 percentage points.
Hungary Manufacturing PMI History
Last 12 readings