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Financial News: Hong Kong Business PMI Rises To 51.5 In

Hong Kong Business PMI Rises To 51.5 In December - Nikkei

01/03/2018 - 19:50:00 (RTTNews)

(RTTNews) - The private sector in Hong Kong continued to expand in December, and at an accelerated pace, the latest survey from Nikkei showed on Thursday with a PMI score of 51.5.

That's up from 50.7 in November, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

It also represents a four-year high.

Individually, there were stronger rises in output and new orders, while employment expanded for the first time in five months.

Inflationary pressures remained firm.

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