BMI: Moderate expansion in May
The seasonally adjusted May value of the Purchasing Manager Index (BMI): 57.1.
Compared to the previous May values, this year’s value is higher than the long-term average for this month (52.5) and also exceeds the average of the previous three years’ values for this month (55.1).
Except for one of the sub-indices examined in the survey, the values showed an increase. In one case, the rate of changes exceeded nine percentage points.
The value of the employment index is 0.6 percentage points lower this month, but it shows expansion for the twentieth time. In the past period, the index hovered around 50.0 points, which expanded more slowly this month (52.8).
Related news
Eurozone industrial production exceeded expectations in February
Eurozone industrial production rose more than expected in February, both…
Read more >Hungary’s economic vulnerability: causes, consequences and possible solutions
The economic developments of recent years have once again drawn…
Read more >Hungary remains a recommended investment destination
Hungary’s financial situation is stable, and our country remains a…
Read more >Related news
Disrupted market, uncertain future – foot-and-mouth disease epidemic could have serious consequences
The outbreak of foot-and-mouth disease (FMD) in Hungary has triggered…
Read more >Could a volcano paralyze European tourism today?
Fifteen years after the 2010 eruption of the Icelandic volcano…
Read more >NMHH: November remains the strongest month in the advertising market
November is still the strongest month in the advertising market,…
Read more >