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Hungary's PMI rose to 61.9 points in April

A PMI over 50 signals expansion in the manufacturing sector.

The Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said Hungary’s seasonally adjusted Purchasing Managers Index (PMI) rose to 61.9 points in April from 56.0 in March. A PMI over 50 signals expansion in the manufacturing sector. Among the PMI sub-indices, the new orders index rose from the previous month and remained over the 50-point mark. The production volume index increased and was over 50.