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MLBKT: The Purchasing Managers’ Index rose in January
The seasonally adjusted value of the January Purchasing Managers ’Index (PMI) rose 54.9 points from 51.6 in December to the seventh highest January value ever. According to this, the respondents reported more favorable developments for the fourth month in a row, compared to the previous month, the Hungarian Logistics Procurement and Inventory Company (MLBKT) announced on Monday.
The values of the production and order sub-indices continue to indicate expansion. The volume of stocks purchased and the employment sub-indices increased above 50.0 points again, indicating an increase. The fifth sub-index that makes up PMI, however, the value of delivery lead time still remained extremely low, contributing to the lower value of the PMI index. (MTI)
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