Hong Kong business confidence


Hong Kong business confidence: -1 (-150%)
Last Update: September 30, 2024

Hong Kong business confidence closed down -1 as of September 30, 2024 from 2 from the previous month and 6 from last year.


Hong Kong business confidence Analytics & Data




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Hong Kong business confidence

DateValues
2024-09-30 -1
2024-06-30 2
2024-03-31 1
2023-12-31 8
2023-09-30 6
2023-06-30 15
2023-03-31 6
2022-12-31 4
2022-09-30 6
2022-06-30 -8
2022-03-31 1
2021-12-31 1
2021-09-30 6
2021-06-30 0
2021-03-31 -17
2020-12-31 -8
2020-09-30 -11
2020-06-30 -37
2020-03-31 -22
2019-12-31 -25
2019-09-30 -8
2019-06-30 -1
2019-03-31 -12
2018-12-31 2

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Hong Kong business confidence Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
business confidencehk.bizconfidence-1.02-150-117DownDown02024-09-30

Hong Kong business confidence Factors

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Hong Kong business confidence Historical Data

The MacroVar database offers free access to historical data for the Hong Kong business confidence, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Hong Kong business confidence data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Hong Kong business confidence

Hong Kong business confidence is currently experiencing a decline due to the ongoing political unrest and economic uncertainty in the region. The ongoing protests and tensions between Hong Kong and mainland China have created a sense of instability for businesses operating in the region. This uncertainty has led to a decrease in investment and consumer spending, negatively impacting business sentiment. Additionally, the escalating trade war between the US and China has added another layer of uncertainty for businesses in Hong Kong. As a result, many companies are becoming more cautious in their decision-making and are holding back on expansion plans. Overall, the current business climate in Hong Kong is challenging, with confidence levels at a low point.