Hong Kong Q2 GDP grows 3.1pc, maintains full-year forecast

Hong Kong's economy expanded 3.1 percent year-on-year in real terms during the second quarter, matching the preliminary estimate and slightly exceeding the previous quarter's 3 percent growth, government data showed on Friday. 

On a seasonally adjusted quarterly basis, real gross domestic product rose 0.4 percent.

The government maintained its full-year 2025 GDP growth forecast at 2 percent-3 percent, unchanged from May's review, citing actual first-half performance and recent global and local developments.

On inflation, officials expect both underlying and headline consumer price inflation to remain moderate in the near term as local cost pressures and imported inflation stay contained. 

The government kept its 2025 forecasts at 1.5 percent for underlying inflation and 1.8 percent for headline inflation, unchanged from May's assessment.

STAFF REPORTER