MLBKT: Purchasing Manager Index rose in November
The seasonally adjusted Purchasing Manager Index (PMI) for November was 53.0 points, after October’s 52.0 points. Respondents reported overall more favorable processes than last month, the Hungarian Logistics, Purchasing and Inventory Society (MLBKT) announced on Monday.
November as a whole was below average in previous years, the long-term average since 1995 has been 52.6 points, but in the last three years the November average has been higher at 56.2 points.
The production volume index declined relative to its October level, but remained above 50.0 points.
Related news
BMI: Slight contraction in June
The seasonally adjusted June value of the Purchasing Manager Index…
Read more >BMI: Moderate expansion in May
The seasonally adjusted May value of the Purchasing Manager Index…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >