Hong Kong raises 2026 economic forecast after strongest first half in nearly 5 years
AI Summary
Hong Kong has raised its 2026 economic growth forecast to between 3.5% and 4.5%, attributing this optimistic outlook to strong external trade and resilient domestic demand. The revised projections reflect the best first-half economic performance in nearly five years.
Hong Kong has raised its full-year economic growth forecast for 2026 to a range of 3.5 to 4.5 per cent after expansion of 4.3 per cent in the second quarter, supported by buoyant external trade and resilient domestic demand. Releasing its half-yearly economic report on Friday, the government revised its 2026 growth forecast from the previous range of 2.5 to 3.5 per cent, citing a stronger-than-expected performance in the first half of the year and taking into account the near-term outlook. It...