PMI edges up to 55.9 in August
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Hungary's seasonally-adjusted Purchasing Managers Index (PMI) reached 55.9 points in August, rising a fraction from 55.8 in July, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Wednesday.
A PMI over 50 signals expansion in the manufacturing sector.
Among the PMI sub-indices, the new orders index "fell slightly" from the previous month but remained over 50.
The production volume index "rose moderately" and stayed over the 50-point mark.
The employment index showed a contraction, after three consecutive months of expansion.
Delivery times were longer than in July.
The gauge of purchased inventories climbed for the fourth month in a row.
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