Govt Survey: HK Apr Current Diffusion Index on Biz Receipts amongst SMEs Up to 48.3; Retail Trade Posts Biggest Hike

AASTOCKS ·  05/12/2022 17:01
The Census and Statistics Department (C&SD) released today (May 12) the results of the Monthly Survey on Business Situation of Small and Medium-sized Enterprises (SMEs) for April 2022. The current diffusion index (DI) on business receipts amongst SMEs increased notably from 31.7 in March 2022 in the contractionary zone to 48.3 in April 2022, whereas the one-month's ahead (i.e. May 2022) outlook DI on business receipts was 53.4. Analysed by sector, the current DIs on business receipts for all the surveyed sectors increased in April 2022 as compared with previous month, particularly for the retail trade (from 21.2 to 53.1) and restaurants (from 25.0 to 56.7).
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