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Macro - Country Economic Forecasts - Hong Kong SAR

Publisher Oxford Economics
Published Jul 30, 2024
Length 8 Pages
SKU # OFE19040294

Description

Macro - Country Economic Forecasts - Hong Kong SAR



A strong export-led start to the year led us to revise up our 2024 forecast for Hong Kong's growth to 3.6%. In 2025, while we've pencilled in sequential moderation in growth, favourable base effects will push y/y growth to 4.1%. This is consistent with recent activity data which overwhelmingly suggested that the economic momentum slowed on a sequential basis in Q2.

Table of Contents

8 Pages
Hong Kong SAR: Persistent weakness in consumer and business sentiment
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Pricing

Currency Rates
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