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Hong Kong Manufacturing Purchasing Managers Index (PMI)

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Hong Kong Manufacturing Purchasing Managers Index (PMI)

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Delivery Method

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Status

 
Latest Release
Nov 05, 2024
Actual
52.2
Previous
50.0
The Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
A higher than expected reading should be taken as positive/bullish for the HKD while a lower than expected reading should be taken as negative/bearish for the HKD.
Importance:
Country:
Currency: HKD
Source: Markit
Hong Kong Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Dec 04, 2024 (Nov) 01:30     52.2
Nov 05, 2024 (Oct) 01:30 52.2   50.0
Oct 04, 2024 (Sep) 01:30 50.0   49.4
Sep 04, 2024 (Aug) 01:30 49.4   49.5
Aug 05, 2024 (Jul) 01:30 49.5   48.2
Jul 04, 2024 (Jun) 01:30 48.2   49.2

Analysis

Manufacturing PMI Discussion

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