FX.co ★ Hungary’s Manufacturing PMI Edges Higher in February, Signalling Modest Expansion

Hungary’s manufacturing sector showed a slight improvement in February 2026, with the Purchasing Managers’ Index (PMI) rising to 51.3 from 50.0 in January 2026. The latest reading, updated on 2 March 2026, moves the index further above the 50-point threshold that separates expansion from contraction.

The increase from a neutral 50.0 in January to 51.3 in February suggests that manufacturing activity in Hungary has shifted into a modest expansion phase. While the gain is not dramatic, it indicates a gradual strengthening in industrial conditions after a flat start to the year.

Analysts and market participants will be watching upcoming PMI releases closely to see whether February’s improvement consolidates into a sustained trend, or remains a tentative uptick in an otherwise fragile manufacturing environment.