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 From Hong Kong's Information Services Department
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July 25, 2007
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Surveys

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Q3 business surge forecast
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Census & Statistics Department

The volume of business and output in all sectors is expected to surge in the third quarter, according to the Census & Statistics Department's quarterly business tendency survey.

 

The manufacturing, construction, wholesale and retail, import and export trade, restaurants and hotels, transport, banks, financing and insurance, as well as real estate, business services and telecoms sectors anticipate a brighter outlook.

 

Significantly more respondents in the wholesale and retail; import and export trade; transport and related services; communications; business services; and banks, financing and insurance sectors expect their volume of business and output to increase in Q3.

 

Respondents in all the sectors covered expect a rise in their volume of business and output in Q3. Respondents in all the sectors, except construction, expect employment to rise.

 

Respondents, except the import and export trade sector, expect prices and service charges to rise, also.