logo
Plus   Neg
Share
Email

Hong Kong Private Sector PMI Improves To 49.6 In June - IHS Markit

The private sector in Hong Kong continued to contract in June, albeit at a much slower rate, the latest survey from IHS Markey revealed on Monday with a PMI score of 49.6.

That's up from 43.9 in May, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.

Individually, output and new orders fell at the slowest rate in more than two years. Employment levels were broadly stable and input cost inflation returned.

Firms were less pessimistic about the year-ahead outlook during June than in May, with confidence rising to a five-month high.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT