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PMI climbs to 64.8 points in December

Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) climbed to 64.8 points in December from 52.2 in November.

Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) climbed to 64.8 points in December from 52.2 in November. According to Halpim, the organization that compiles the index, a PMI over 50 signals expansion in the manufacturing sector. Among the PMI sub-indices, the employment index remained above 50.0 points for the third month in a row.

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