Hong Kong Private Sector PMI  2011-2017 | Data | Chart | Calendar

Hong Kong Private Sector PMI went up to 50.3 in December of 2016 from 49.5 in November. It was the first growth since February 2015, mainly driven by a substantial increase in pre-production inventories as firms highlighted the need to build up stocks in anticipation of greater demand in the coming months. At the same time, buying activity rose the most since February 2014. In contrast, a decline was seen for output, new orders and employment. Demand from Mainland China fell the least in three months. Firms continued to face rising cost burdens, driven up by wage inflation and higher costs for raw materials. Instead of raising selling prices, companies gave discounts to clear stocks and remain competitive. Manufacturing PMI in Hong Kong averaged 49.31 from 2011 until 2016, reaching an all time high of 53.30 in February of 2014 and a record low of 44.40 in August of 2015. Manufacturing PMI in Hong Kong is reported by Markit Economics.

Hong Kong Private Sector PMI
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Hong Kong Business Last Previous Highest Lowest Unit
Business Confidence 2.00 -6.00 32.00 -53.00 [+]
Manufacturing PMI 50.30 49.50 53.30 44.40 [+]
Industrial Production -0.10 -0.10 7.10 -12.50 percent [+]
Changes in Inventories 3315.00 809.00 33400.00 -15735.00 HKD Million [+]
Bankruptcies 6460.00 8393.00 16200.00 409.00 Companies [+]
Car Registrations 3063.00 3458.00 6154.00 332.00 Cars [+]
Competitiveness Index 5.48 5.46 5.48 5.22 Points [+]
Competitiveness Rank 9.00 7.00 12.00 7.00 [+]
Ease of Doing Business 4.00 5.00 5.00 2.00 [+]
Corruption Index 75.00 74.00 84.00 70.10 Points [+]
Corruption Rank 18.00 17.00 18.00 12.00 [+]



Hong Kong Private Sector PMI Notes

The Nikkei Hong Kong Purchasing Managers’ Index measures the performance of the private sector and is derived from a survey of 300 companies. The Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the private sector activity compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Hong Kong Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hong Kong Private Sector PMI - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
50.30 49.50 53.30 44.40 2011 - 2016 Monthly
SA



Last
Australia 55.40 Dec/16
Austria 56.30 Dec/16
Brazil 45.20 Dec/16
Canada 51.80 Dec/16
China 51.90 Dec/16
Czech Republic 53.80 Dec/16
Denmark 64.29 Dec/16
Egypt 42.80 Dec/16
Euro Area 54.90 Dec/16
France 53.50 Dec/16
Germany 55.60 Dec/16
Greece 49.30 Dec/16
Hong Kong 50.30 Dec/16
Hungary 52.25 Dec/16
India 49.60 Dec/16
Indonesia 49.00 Dec/16
Ireland 55.70 Dec/16
Israel 67.20 Dec/16
Italy 53.20 Dec/16
Japan 52.40 Dec/16
Kenya 54.10 Dec/16
Lebanon 47.00 Dec/16
Malaysia 47.10 Dec/16
Mexico 50.20 Dec/16
Myanmar 49.40 Dec/16
Netherlands 57.30 Dec/16
New Zealand 54.40 Nov/16
Nigeria 52.00 Dec/16
Norway 51.40 Dec/16
Philippines 55.70 Dec/16
Poland 54.30 Dec/16
Puerto Rico 49.10 Nov/16
Russia 53.70 Dec/16
Saudi Arabia 55.50 Dec/16
Singapore 50.60 Dec/16
South Africa 46.70 Dec/16
South Korea 49.40 Dec/16
Spain 55.30 Dec/16
Sri Lanka 58.30 Dec/16
Sweden 60.10 Dec/16
Switzerland 56.00 Dec/16
Taiwan 56.20 Dec/16
Thailand 50.60 Dec/16
Turkey 47.70 Dec/16
United Arab Emirates 55.00 Dec/16
United Kingdom 56.10 Dec/16
United States 54.30 Dec/16
Vietnam 52.40 Dec/16
World 50.90 Jan/16