03/01/2012:

Hungary's manufacturing purchasing manager index (PMI) edged up to 48.5 points in December 2011 from 47.8 in November, the Hungarian Association of Logistics, Purchasing and Inventory Management (HALPIM) reported on Monday.

Hungary’s manufacturing industry has been expanding constantly between July 2010 and July 2011. In the five months since then the sector has contracted four times, which has been unprecedented since end-2009.