MLBKT: The Purchasing Managers’ Index rose in May
The seasonally adjusted value of the Purchasing Managers’ Index (PMI) in May was 40.3, which is higher than the 33.7 point in April, but still the lowest value ever in May. Respondents continued to report unfavorable developments – the Hungarian Logistics, Purchasing and Inventory Company (MLBKT) told MTI on Tuesday.
Compared to previous May, this year’s value is below the long-term May average of 52.8 and is below the 57.1 average of the past three years. (MTI)
Related news
The growth of economic activity in the euro area slowed down in July
Instead of the expected moderate acceleration, the growth of economic…
Read more >BMI: Slight contraction in June
The seasonally adjusted June value of the Purchasing Manager Index…
Read more >
More related news >
Related news
Valeo Foods Completes Acquisition Of Appalaches Nature
Valeo Foods Group has completed the acquisition of Appalaches Nature,…
Read more >Carrefour grows in France and Brazil, lags behind in rest of Europe
Carrefour says it is rather pleased with its financial results…
Read more >Food and beverage innovation plunges nearly 50% since 2007: Mintel
The market research firm said about a quarter of items…
Read more >