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03.08.202607:07:13UTC+00Hungary Manufacturing Growth Slows in July

Hungary’s Manufacturing PMI edged down to 51.4 in July 2026 from an upwardly revised 51.6 in June, remaining above the 50-point threshold that separates expansion from contraction. Although the index stayed below its long-term monthly average of 52.6, it surpassed the average July reading of 48.9 over the past three years, signaling ongoing growth in manufacturing activity, albeit at a slower pace. The moderation was mainly driven by softer new orders, which nonetheless stayed in expansion territory, while production volumes rose slightly compared with the previous month. At the same time, the purchase price index eased but continued to indicate a strong increase in input costs. The employment index strengthened and remained in expansion, and both export and import components also continued to point to growth.

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