Hungary's seasonally-adjusted Purchasing Managers Index (PMI) stood at 51.3 points in February, rising from 50.0 in the previous month, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Monday.
The PMI was below the 50-point threshold, signalling a contraction in the manufacturing sector.
Among the PMI sub-indices, the new orders index climbed 1.9pp and was still over the 50-point mark.
The production volume index rose 2.3pp and indicated an expansion.
The employment index fell 0.8pp and was under the 50 threshold.
The delivery times index edged up 0.7pp but was below the 50-point mark.
The gauge of purchased inventories was up 1.5pp and showed an expansion.
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