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Hungary PMI falls to 51.3 in July

Hungary PMI falls to 51.3 in July

Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) fell to 51.3 points in July from 54.1 in June, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim), which compiles the index, said on Thursday.

The employment index dropped, but was over 50 for the second month in a row. Delivery times were longer than in June. Purchased inventories fell for the first time in ten months in July.