Lead times decreased from December. Purchase prices declined but still signalled an "intensive and sustained increase," it said. Export and import indices both signalled expansion. (Reporting by Krisztina Than)
BUDAPEST, Feb 1 (Reuters) - Hungary's
seasonally-adjusted Purchasing Managers' Index dropped to 55 in January from a revised 59.3 in December, the
Association of Logistics, Purchasing and Inventory Management
(MLBKT) said on Wednesday.
It said the December reading came in above both the
long-term monthly average of 52.9 and an average reading of 54.6
in the same month of the past three years. The 50-point mark
separates growth in manufacturing from contraction.
Production volumes declined from December but were above the
50-point mark. New orders also declined but stayed above 50
points.
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