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macroAug 3, 2026, 1:59 PM

Hong Kong GDP Growth Slows to 4.3% in Q2 2026 as Quarterly Contraction Hits

Hong Kong's economy expanded 4.3% year-on-year in the second quarter of 2026, down from a strong start, with a 0.6% quarterly contraction, according to UOB's Ho Woei Chen.

Hong Kong's economic growth moderated in the second quarter of 2026, with GDP rising 4.3% compared to the same period a year earlier. That follows a robust first quarter, but the quarterly comparison showed a 0.6% decline, indicating a loss of momentum.

UOB analyst Ho Woei Chen noted that goods exports remained robust, while consumption and investment growth likely slowed. The report highlights a mixed picture for the city's economy as it navigates global trade uncertainties and domestic demand challenges.

Source: FXStreet Forex News