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Hong Kong Private Sector Slips Into Contraction

Por: RTTNews Business October 06, 2022

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The private sector in Hong Kong fell into contraction territory in September, the latest survey from S&P Global revealed on Thursday with a PMI score of 48.0.That's down from 51.2 in August, and it moves beneath the boom-or-bust line of 50 that separates expansion from contraction.Contributing to the sub 50.0 PMI reading was a renewed decline in output at Hong Kong SAR private sector firms. The decline was the first in six months, and solid... + full article



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