TOKYO -- Hong Kong's private sector continued to show weakening business conditions in January, with output, new orders, and employment declining all together.
The Nikkei Hong Kong Purchasing Manager's Index, or PMI, rose from 48.0 in December to 48.2 in January, indicating a deterioration in the business conditions of the private sector for the tenth consecutive month by staying below the 50-point line separating expansion from contraction.
