Business conditions in Hong Kong slowed in May, the latest survey from Nikkei revealed on Monday with a PMI score of 50.5.
That's down from 51.1 in April, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, output growth supported the sector, but a renewed fall in new orders and a slower inventory build weighed.
Also, cost inflation accelerated to a three-year high.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.