Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
HK 3Q Real GDP Rises 3.8% YoY, in Line; Annual Growth Forecast Revised Up to 3.2%
Recommend 3 Positive 2 Negative 4 |
||||
|
||||
|
The Hong Kong government released today the Third Quarter Economic Report 2025, together with the revised figures on Gross Domestic Product (GDP) for 3Q25. Acting Government Economist, Cecilia Lam, gave an account of the economic performance in 3Q25 and the latest GDP and price forecasts for 2025. The Hong Kong economy staged a robust performance in 3Q25, driven by a continued surge in exports and sustained expansion in domestic demand. Real GDP grew by 3.8% YoY in 3Q25, picking up visibly from the 3.1% growth in the preceding quarter, in line with market expectations. On a seasonally adjusted QoQ comparison, real GDP rose further by 0.7%. Taking into account the actual outturn of 3.3% in 1-3Q25 and the near-term outlook, the real GDP growth forecast for 2025 as a whole is revised up to 3.2%, from 2-3% in the August round of review. The Hong Kong government will continue to closely monitor the situation. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
