标普全球香港特别行政区采购经理人指数从10月份的52.2降至2024年11月的51.2，表明私营部门的增长持续但放缓。在批发和零售业增长的推动下，新业务流入继续扩大。然而，与10月份相比，这一增长有所放缓，受到中国和国外出口需求下降的限制。同样，产出增长也随着新订单的趋势而放缓。与此同时，由于工作积压和产能压力的增加，人员配置水平自4月以来首次上升。在价格方面，投入成本通胀降至近四年低点，导致销售价格涨幅放缓。然而，由于对经济前景和潜在贸易壁垒的担忧，商业情绪恶化，达到一年多来的最低点。尽管存在这些挑战，但新业务的持续增长表明，私营部门的产出可能会在短期内继续扩大。
The S&P Global Hong Kong SAR PMI fell to 51.2 in November 2024, down from 52.2 in October, indicating sustained but slower growth in the private sector. New business inflows continued to expand, driven by increases in the wholesale and retail sectors. However, this growth slowed compared to October, capped by declining export demand from China and abroad. Similarly, output growth decelerated in line with the trend for new orders. Meanwhile, staffing levels rose for the first time since April, driven by rising backlogs of work and capacity pressures. On prices, input cost inflation eased to a near four-year low, resulting in softer increases in selling prices. However, business sentiment deteriorated, reaching its lowest point in over a year due to concerns about economic prospects and potential trade barriers. Despite these challenges, the ongoing growth in new business suggests that private sector output may continue expanding in the near term.
