MLBKT: PMI rose 51.9 points in November
The seasonally adjusted value of the Purchasing Managers’ Index (PMI) rose to 51.9 points in November from 50.2 points of the previous month, ie respondents reported more favorable developments in the second month than in the previous month, the Hungarian Logistics Purchasing and Inventory Company (MLBKT) announced on Tuesday.
This year’s falue is the seventh lowest November value. Over the past three years, the November average has been higher at 54.9 points, and this year’s value is also lower than the long-term November average since 1995, which is 52.6 points. (MTI)
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