MLBKT: BMI is over a three year average

In February, the seasonally adjusted Purchasing Managers' Index was 54.3 points, higher than the February 53.4 points average of the past three years, but 3.5 percentage points lower than exceptionally high 57.8 of January – the Hungarian Association of Logistics, Purchasing and Inventory company (MLBKT) told MTI on Monday.

The long-term February average of the index is 51.9. This year’s February value is significantly higher than this.

The value of the Purchasing Managers index from April to August last year, showed no trend and fluctuated around 50 points, however, in the last seven months it shows an increase. (MTI)