Illustration – Photo: Audi.hu

PMI up at 46.5 in August

Hungary's seasonally adjusted Purchasing Managers Index (PMI) rose to 46.5 points in August from 45.9 in July, remaining under the 50 point threshold that signals expansion in the manufacturing sector, Halpim, the compiler of the index, said on Friday.

The new orders index rose from the previous month by 1.2 percentage points, but remained below the 50 point mark.

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