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Hungary Manufacturing Purchasing Managers Index (PMI)

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Hungary Manufacturing Purchasing Managers Index (PMI)

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Status

 
Latest Release
Jan 03, 2022
Actual
64.8
Previous
52.2
The PMI is a composite index based on the diffusion indexes for the following five indicators, with varying judgmental weights applied: new orders - 30 percent; production - 25 percent, employment - 20 percent, supplier deliveries - 15 percent and inventories - 10 percent.Diffusion indexes are convenient summary measures showing the prevailing direction of change and the scope of change. They fluctuate from 0-100%. For any of the business survey indicators, an index reading of 50% indicates no change in the aggregate series being measured, because an equal number of committee members reported increases and decreases. An index reading above 50% indicates that the economy, or that indicator of the economy, is generally expanding and below 50%, generally declining.
A higher than expected reading should be taken as positive/bullish for the HUF , while a lower than expected reading should be taken as negative/bearish for the HUF.
Importance:
Country:
Currency: HUF
Source: HALP
Hungary Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Feb 01, 2022 (Jan) 03:00     64.8
Jan 03, 2022 (Dec) 03:00 64.8   52.2
Dec 01, 2021 (Nov) 03:00 52.2   52.9
Nov 02, 2021 (Oct) 04:00 53.1   52.0
Nov 02, 2021 (Oct) 03:00 53.1   52.0
Oct 01, 2021 (Sep) 02:00 52.1   55.6

Analysis

Frank Holmes
It's Time To Get Bullish On Emerging Europe By Frank Holmes - Mar 29, 2017 1

Frank Holmes of U.S. Global Investors brings us seven big reasons to be bullish on Emerging Europe as an investment vehicle right now. 1. Eurozone PMI at a Six-Year High For the month of March, the...

Manufacturing PMI Discussion

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