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HK 1Q25 GDP Grows 3.1% YoY in Real Terms in Advance Estimate, Beating Forecast
Recommend 5 Positive 9 Negative 7 |
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Hong Kong's Census and Statistics Department released today (May 2) the advance estimates on Gross Domestic Product (GDP) for 1Q25. According to the advance estimates, Hong Kong's GDP increased by 3.1% in real terms in 1Q25 over a year earlier, exceeding the market's expectation of a 2.1% increase, while the increase reached 2.5% in 4Q24. Analyzed by major GDP component, private consumption expenditure decreased by 1.2% in real terms in 1Q25 from a year earlier, compared with the decrease of 0.2% in 4Q24. AAStocks Financial News |
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