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HUNGARY PMI EDGES UNDER 50-POINT MARK IN JAN

 

Hungary’s seasonally adjusted Purchasing Managers Index (PMI) slipped to 49.9 points in January from 51.0 in December, a hair under the 50-point threshold that signals expansion in the manufacturing sector, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said. Among the PMI sub-indices, the new orders index rose and was over the 50-point mark. The production volume index also increased and was over 50. The employment index rose and indicated an expansion again. The delivery times index increased. The gauge of purchased inventories fell but was over the 50-point mark.