BMI: Permanent shrinkage in August
The seasonally adjusted August value of the Purchasing Manager Index (BMI): 47.6.
Compared with the previous August values, this year’s value is lower than the long-term average for this month (52.5) and also below the average of the values for this month of the previous three years (51.7).
Most of the sub-indices examined in the survey decreased. Among the sub-indices, eight indices are in the shrinking range and two in the expanding range.
The employment index did not change this month, its value indicates a contraction again. In the past period, the index hovered around 50.0 points, which remained unchanged this month (48.5).
Related news
Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >Mihály Varga: the central bank’s primary goal is to maintain price stability
The primary goal of the Hungarian National Bank (MNB) is…
Read more >Portfolio.hu: A wage explosion is taking place in Hungary that has hardly any precedent in the EU
According to a recent Eurostat survey, wages in Hungary increased…
Read more >Related news
Master Good, Nestlé Hungária, Tesco Hungary are this year’s winners
This year, Trade Magazine announced the Christmas TV Ads 2024…
Read more >This year’s CO-OP Star Silver Pine and Silver Star awards have been presented
As every year before Christmas, this December, the CO-OP Star…
Read more >Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >