AEIR 2017

GDP continued to climbed moderately posting 2.0% growth in 2016, surpassing the government’s goal of 1.5% growth. Hong Kong, China is expected to grow 3.6% in 2017 as external performance continues to stabilize and shore up business sentiment and domestic demand remains robust, and 3.2% next year.

Downside risks to the outlook include visitor restrictions from mainland PRC and strengthening of the US dollars which has affected inbound tourism since the last quarter of 2016 and has trickled down to the retail sector.

Source: Asian Development Outlook 2017 Update, ADB
Latest Month-Ago Year-Ago
Composite Stock Price Index 1 31.0 (Jan18)29.0 22.0
Broad Money Growth 2 10.0 (Dec17)10.0 9.2
Headline Inflation Rate 3 1.7 (Dec17)1.5 1.2
Industrial/ Manufacturing Production Growth Rate 3 0.4 (Sep17)-0.1 0.0
Merchandise Export Growth 3 5.2 (Dec17)5.2 7.1
Exchange Rate Index 4 100.8 (Jan18)100.8 100.0
1 Monthly average, local index.
2 %.
3 y-o-y, %.
4 Monthly average, January 2006 = 100, $/local currency.
Source: Bloomberg LP; CEIC database; Census and Statistics Department.