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PMI rises to 57.0 in June

Hungary's seasonally adjusted Purchasing Managers Index (PMI) rose to 57.0 points in June from 51.9 in May, Halpim, the company that compiles the index, said on Friday.

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 50. The production volume index also rose and stayed over the 50-point mark.

The gauge of purchased inventories eased but was still over the 50-point mark.

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