MLBKT: The confidence index strengthened in June

By: Trademagazin editor Date: 2021. 07. 01. 11:25

The seasonally adjusted value of the Purchasing Managers’ Index (PMI) in June was 54.7 points, further rising from 53.1 points in May, and the sixth highest value in June since 1995, the Hungarian Logistics, Purchasing and Inventory Company (MLBKT) told MTI on Thursday.

Respondents reported more favorable developments for the third month in a row, compared to the previous month.

The sub-indices that make up PMI continue to show a mixed picture, the employment sub-index was able to rise slightly further, new orders and production volumes continued to expand, and the volume of inventories purchased also maintained its strong growth rate last month. The value of transit lead time remained extremely low, with a stronger decline.

The index of purchased stocks is expanding for the second time after a month of contraction, at the same pace as in May. (MTI)