Economy / Hong Kong
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Macroeconomic Forecast Hong Kong
March 2008 | Macroeconomic ForecastsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Hong Kong's purchasing managers' index (PMI) revealed that private-sector growth stagnated in February, following three years of steady expansion, underlining the threat weakening global demand poses to the territory. The PMI dropped to 50.0 from 52.5 in January and 55.5 in December, weighed down by a decline in the new orders component as well as by the quantity of purchases sub-index.