Financial News: Hong Kong GDP Growth Confirmed At 3.1%

Hong Kong GDP Growth Confirmed At 3.1%

08/15/2025 - 08:17:00 (RTTNews)

(RTTNews) - Hong Kong's economic growth accelerated slightly as initially estimated in the second quarter, the latest data from the Census and Statistics Department showed Friday.

Gross domestic product advanced 3.1 percent year-over-year in the June quarter, slightly faster than the 3.0 percent growth in the first quarter. That was in line with the flash data published on July 31.

On the expenditure side, private consumption expenditure recovered strongly by 1.9 percent annually in the second quarter. Government consumption expenditure rose 2.5 percent, while gross fixed capital formation rose by 2.8 percent. Exports of goods showed a growth of 11.5 percent, while imports of goods climbed by 12.6 percent.

On a seasonally adjusted quarter-to-quarter basis, real GDP increased by 0.4 percent versus a 1.8 percent expansion in the March quarter, as estimated.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Index Unexpectedly Decreases In August (15 min(s), 19 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, a ...Full Story»

U.S. Import Price Growth Exceeds Estimates In July (22 min(s), 19 sec(s) ago)
(RTTNews) - The Labor Department released a report on Friday showing import prices in the U.S. inc ...Full Story»

U.S. Retail Sales Climb 0.5% In July, In Line With Estimates (55 min(s), 19 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed retail sales in the U.S. ...Full Story»

U.S. Industrial Production Edges Slightly Lower In July (01 hr(s), 02 min(s), 19 sec(s) ago)
(RTTNews) - A report released by the Federal Reserve on Friday showed a modest decrease by U.S. in ...Full Story»

Denmark Producer Price Inflation Rises To 9.8% (01 hr(s), 40 min(s), 19 sec(s) ago)
(RTTNews) - Denmark's producer price inflation accelerated for the first time in five months i ...Full Story»

New York Manufacturing Index Unexpectedly Increases In August (01 hr(s), 38 min(s), 19 sec(s) ago)
(RTTNews) - The Federal Reserve Bank of New York released a report on Friday showing regional manu ...Full Story»

U.S. Import Prices Rise More Than Expected In July (01 hr(s), 42 min(s), 19 sec(s) ago)
(RTTNews) - The Labor Department released a report on Friday showing import prices in the U.S. inc ...Full Story»

U.S. Retail Sales Climb In Line With Estimates In July (01 hr(s), 46 min(s), 19 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed retail sales in the U.S. ...Full Story»