Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Hungary
Index 2015=100, Monthly, Seasonally Adjusted
HUNMANMM101IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
267.37
Year-over-Year Change
-11.95%
Date Range
11/1/1989 - 9/1/2023
Summary
The Index 2015=100, Monthly, Seasonally Adjusted metric measures the level of manufacturing activity in Hungary on a monthly basis, with 2015 as the base year. This trend is a key indicator of the health and direction of the Hungarian manufacturing sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Index 2015=100, Monthly, Seasonally Adjusted series tracks changes in the overall volume of manufacturing production in Hungary. It is used by economists and policymakers to assess the performance and growth of the manufacturing industry, which is a crucial component of the country's economy.
Methodology
The data for this index is collected through surveys of manufacturing firms and calculated by the Hungarian Central Statistical Office.
Historical Context
Trends in this manufacturing index are closely monitored by the Hungarian government and the central bank to inform economic and monetary policy decisions.
Key Facts
- Hungary's manufacturing sector accounts for over 25% of its GDP.
- The index reached a record high of 113.8 in December 2021.
- The index experienced a sharp decline in early 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly, Seasonally Adjusted measures the overall level of manufacturing production in Hungary, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This manufacturing index is a key indicator of the health and performance of Hungary's industrial sector, which is a critical component of the country's economy.
Q: How is this data collected or calculated?
A: The data for this index is collected through surveys of manufacturing firms and calculated by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: Trends in this manufacturing index are closely monitored by the Hungarian government and central bank to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is released on a monthly basis, with a typical delay of 1-2 months between the reference period and the publication of the data.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly, Seasonally Adjusted (HUNMANMM101IXOBSAM), retrieved from FRED.