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If executed, these tariffs could disrupt world trade flows and accelerate trade diversion processes, potentially impacting Hong Kong’s export activities around another twelve months.
4. Intake: A weaker Hong Kong dollar may help the battling retail sector but shifts toward encounters above luxury merchandise and mainland browsing may Restrict recovery.
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Hong Kong’s tourism numbers are projected to return to pre-pandemic concentrations by the top of 2025, a yr later than in neighbouring Macau, according to a different forecasting platform created by an area university.
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Lender lending is predicted to show beneficial by mid-2025, with modest development with the yr. M1 is poised to resume growth as homes divert more cash back again into desire deposits.
Hong Kong is getting the flexibility choices for periodicity and timeliness. The indices are disseminated on a quarterly basis in just 3 months of the top in the reference quarter.
The initial unveiled figures are known as "advance estimates". The progress estimates include the true expansion of overall GDP and its main expenditure parts. When extra data grow to be accessible, the progress estimates are going to be revised.
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They also have to regularly interact with shoppers and potential customers to better comprehend trends each in Hong Kong and elsewhere,” Ip recommended.
Although the underlying pattern continues to be positive, the 2025 Export Outlook also highlighted a variety of likely problems that may influence Hong Kong’s export action above the 12 months to return.