Hong Kong's Economy Grows 5.2% in Q3 2026, Inflation Forecasts Revised Down

Hong Kong's economy expanded strongly in the third quarter of 2026, with real GDP growth accelerating to 5.2% year-on-year, up from 4.2% in the preceding quarter. This growth was underpinned by buoyant external trade, with total exports of goods increasing by 30.3%, and solid domestic demand, as private consumption expenditure rose by 2.9%. The seasonally adjusted unemployment rate edged up to 3.9%. The government also revised down its forecasts for underlying and headline consumer price inflation for 2026 to 1.9% and 2.0% respectively, from previous estimates of 2.5% and 2.6%.