Published by Global Banking & Finance Review®
Posted on September 1, 2025
1 min readLast updated: January 22, 2026
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Hungary's manufacturing PMI dropped to 48.9 in August, signaling contraction. Most sub-indices, including new orders and employment, declined.
BUDAPEST (Reuters) -Hungary's manufacturing activity contracted in August with most sub-indices showing a decline, data from the country's Association of Logistics, Purchasing and Inventory Management showed on Monday.
The group's seasonally adjusted purchasing managers' index (PMI) edged down to 48.9 in August from a revised reading of 50.5 in July, and fell below the 50 mark dividing growth from contraction.
The August reading is lower than the long term average of 52.5 reported for this month, but just exceeds the average of the past three years for August recorded at 48.8.
"Our respondents reported a slight decline in manufacturing activity from the past month in August. This is the second summer month in 2025 when we have been seeing a slowdown," the publisher said.
The majority of the sub-indices declined in August. The new orders index dropped by 4.3 percentage points and the index for purchased stocks also declined.
The employment index was lower and was in contraction territory, and the index for purchase prices rose.
Both the export index and the import index declined, with the latter falling 3.4 percentage points.
(Reporting by Krisztina ThanEditing by Jason Hovet)
Hungary's manufacturing PMI dropped to 48.9 in August, down from a revised reading of 50.5 in July.
The August reading is lower than the long-term average of 52.5 for this month, but it slightly exceeds the average of 48.8 recorded over the past three years.
Most sub-indices showed a decline, including a 4.3 percentage point drop in the new orders index and a decrease in the employment index, which fell into contraction territory.
A PMI reading below 50 indicates a contraction in manufacturing activity, as seen with Hungary's PMI falling to 48.9 in August.
Both the export index and the import index declined in August, with the import index falling by 3.4 percentage points.
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