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香港7月標普全球PMI降至49.4 今年私營部門活動首現收縮
阿思達克 08-03 08:52
標普全球最新PMI數據顯示,7月份標普全球香港特區採購經理指數(PMI)經季節調整後,由6月50.3降至49.4,跌穿50持平點,顯示私營經濟今年首次縮減經營活動,反映第三季初景氣輕微下滑。 標普全球市場財智經濟研究部副總監Jingyi Pan表示,香港私營企業由重啓拉動的增長動力,似乎在下半年初耗盡。最新PMI數據顯示,新增訂單由升轉跌,導致經營活動萎縮,但景氣下滑的速度畢竟溫和,而來自海外和內地的出口需求仍在擴張,繼續支持企業經營。不單整體營商環境轉差,同時值得憂慮的還有價格壓力再度升溫,因該情況很可能進一步抑壓商業信心,影響市場未來數月對商品和服務的需求。 綜觀7月份數據,企業因經濟疲弱而訂單減少,於是七個月以來首次減產,若按行業分類,則以製造業首當其衝;但不管新增訂單與產出,兩者跌幅其實屬於輕微,經營活動也只略爲放緩。反過來說,企業來自海外各內地的新增訂單仍受惠於旅遊復常,繼續保持今年以來增長。供應商7月延長了交付時間,反映供應鏈較6月緊張,而且造成企業積壓更多。 期內,市場需求重現收縮,企業因此降低經營信心,樂觀度下滑至八個月最低。業者對前景憂慮,沖淡對經濟好轉的期待。隨着新增訂單和業務量下降,企業於是縮減採購,跌幅爲一年以來最高,但由於採購量與使用量相若,因此庫存水平變化不大。此外,企業加價以將成本負擔轉嫁客戶,且價格升幅比6月加快,高於一年以來的平均水平。
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