empty
 
 

2020.06.0300:51:00UTC+00Hong Kong Business PMI Improves To 43.9 In May - IHS Markit

Private sector activity in Hong Kong continued to contract in May, albeit at a slower rate, the latest survey from IHS Markit revealed on Wednesday with a PMI score of 43.9.

That's up from 36.9 in April, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.

Individually, output and new orders fell at their slowest rates since January.

Job shedding eased, although business sentiment remained historically weak.

Facing lower sales and increased spare capacity, firms reduced their purchasing activity, inventories and staff numbers further in May.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback