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 From Hong Kong's Information Services Department
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July 4, 2003
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Business
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Manufacturers' orders fall 11% in May
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The value of manufacturers' orders-on-hand for local production fell 11% in May compared with a year earlier, the Census & Statistics Department says.

 

The electrical products industry had the largest decrease at 33%. Declines were also seen in the electronic products, fabricated metal products, plastic products, and textiles industries.

 

However, the value of orders-on-hand in the printing and publishing and wearing-apparel industries increased 6% and 1%, respectively.

 

After seasonal adjustment, the value of orders-on-hand for the three months ending May fell 1% compared with the three months ending February.

 

Please click here to view the movement in the value of orders-on-hand in the manufacturing industries.