Hungary’s seasonally adjusted Purchasing Managers Index (PMI) fell to 50.7 points in January from 65.5 in December, Halpim, the company that compiles the index, said.
A PMI over 50 signals expansion in the manufacturing sector. Among the PMI sub-indices, the new orders index fell from the previous month but remained over 50. The production volume index also dropped but stayed over the 50-point mark, showing expansion for the eleventh month in a row.
hungarymatters.hu
