{"id":904365,"date":"2026-11-03T12:10:08","date_gmt":"2026-11-03T12:10:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/904365\/"},"modified":"2026-11-03T12:10:08","modified_gmt":"2026-11-03T12:10:08","slug":"hong-kong-q3-gdp-expands-by-5-2-year-on-year-outlook-positive-consumer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/904365\/","title":{"rendered":"Hong Kong Q3 GDP expands by 5.2% year-on-year, outlook positive | Consumer"},"content":{"rendered":"<p>HONG KONG, Nov 3 (Reuters) &#8211; Hong Kong&#8217;s economy expanded by 5.2% in the third quarter from a year earlier, official advance estimates showed on Tuesday, the 15th consecutive quarter of growth underpinned by accelerating exports and solid domestic demand.<\/p>\n<p>\u2022 It compared with a mean forecast of 3.6% year-on-year growth by 10 economists in a Reuters poll, 4.2% growth in the second quarter of 2026 and a 5.9% growth in the first quarter<\/p>\n<p>\u2022 In a seasonally adjusted quarter-to-quarter comparison, gross domestic product (GDP) increased by 1.9% in real terms in the third quarter from the second quarter of 2026<\/p>\n<p>\u2022 &#8220;Looking ahead, Hong Kong&#8217;s economic outlook remains positive, with incoming data pointing to sustained growth momentum,&#8221; a government spokesman said, adding robust global artificial intelligence investment should continue to underpin merchandise exports<\/p>\n<p>\u2022 He said exports of services should benefit from sustained growth in inbound tourism, vibrant cross-boundary traffic and active financial market activities, while geopolitical tensions in the Middle East and tighter monetary policies by major central banks warrant close monitoring<\/p>\n<p>\u2022 Private consumption expenditure increased by 2.8% in the third quarter, compared with a 2.9% rise in the second quarter and a 4.9% increase in the first quarter.<\/p>\n<p>\u2022 Total exports of goods jumped 30.4% in the third quarter, compared with a revised 28.9% growth in the second-quarter and 23.8% growth in the first quarter<\/p>\n<p>\u2022 Imports of goods grew 29.9% in the third quarter, compared with a 29.3% increase in the second quarter and a 29.9% rise in the first quarter<\/p>\n<p>\u2022 For the first three quarters of 2026 combined, real GDP grew by 5.1% over a year earlier, the fastest growth for the corresponding period in five years<\/p>\n<p>(Reporting by Hong Kong newsroom; Editing by Christian Schmollinger and Susan Fenton)<\/p>\n","protected":false},"excerpt":{"rendered":"HONG KONG, Nov 3 (Reuters) &#8211; Hong Kong&#8217;s economy expanded by 5.2% in the third quarter from a&hellip;\n","protected":false},"author":2,"featured_media":904366,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,5457,101,208891,3],"class_list":["post-904365","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-consumer","tag-economy","tag-nation-world","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/904365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=904365"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/904365\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/904366"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=904365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=904365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=904365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}