Hungary’s PMI rises above 50 threshold in July

Published 01/08/2025, 08:32
Hungary’s PMI rises above 50 threshold in July

Investing.com -- Hungary’s seasonally-adjusted Purchasing Managers’ Index (PMI) increased to 50.7 in July from a revised 49 in June, the index publisher announced Friday.

Despite the rise, the July reading remained below the long-term average of 52.3.

The PMI crossing above the 50 mark indicates expansion in manufacturing activity.

The July figure surpassed the average reading of 49 recorded over the past three years, a period marked by slowed growth in Hungary amid an inflationary surge following Russia’s invasion of Ukraine in 2022.

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