Output of the automotive industry, Hungary's biggest manufacturing sector, rose 8.0% year-on-year in April, a detailed reading of data released by the Central Statistics Office (KSH) on Friday shows. The automotive segment accounted for 27% of manufacturing output during the month. Output of the computer, electronics and optical equipment segment, which accounted for 13% of […]
Hungary's seasonally-adjusted Purchasing Managers Index (PMI) stood at 50.2 points in May, edging down from 50.4 in the previous month, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) is quoted by MTI. The PMI remained over the 50-point threshold, signalling expansion in the manufacturing sector. Among the PMI sub-indices, the new orders index […]
