香港7月PMI回升至49.2

Core Insights - The Hong Kong Purchasing Managers' Index (PMI) rose from 47.8 to 49.2 in July, indicating a continued deterioration in the business environment for six consecutive months, but the decline has slowed to the smallest extent during this period [1] - The PMI remains below the neutral level of 50, primarily due to a persistent contraction in new orders, influenced by weakening local and global economies [1] - Employment in the private sector has decreased for the first time in three months, as companies are less inclined to hire amid easing capacity pressures [1] Economic Conditions - The overall order volume has contracted for six months, although the rate of decline is considered moderate [1] - Companies express a pessimistic outlook for the future, although the overall negative sentiment has lessened compared to the previous month [1] - Factors such as weakening demand and output due to local and global economic downturns, as well as increased trade barriers, pose additional challenges [1]