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PMI at 49.6 in September

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) fell to 49.6 points in September from 57.8 in August, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Monday.

A PMI over 50 signals expansion in the manufacturing sector.

Among the PMI sub-indices, the new orders index fell from the previous month but remained over 50.

The production volume index also fell and dropped below the 50-point mark.

The employment index fell but still showed growth.

Delivery times were longer than in August.

The gauge of purchased inventories decreased and was under the 50-point mark.

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