The Hungarian Purchasing Manager index increased
The market is dominated by the positive news nowadays so it is not surprising that the Hungarian purchasing manager index joined the large team of indexes with optimistic vision.
Following the favorable U.S. and European purchasing manager indexes, the Hungarian purchasing manager index also show an increasing to 45.3 points from the April 40.4 points. According to the analysis of Commerzbank: One should be cautious, because it would be too simple to get over the crisis in just one and a half years which crisis is measured to the greatest crisis of the twentieth century – reports privatbankar.hu.
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