Markets Actual Q1/23 Q2/23 Q3/23 Q4/23
Currency 7.84 7.84 7.85 7.86 7.87
Stock Market (points) 22176.91 21452 20284 19177 18133
Government Bond 10Y (%) 3.12 3.22 3.33 3.45 3.57

Overview Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Growth Rate (%) -2.60 0.7 0.5 0.2 0.4
GDP Annual Growth Rate (%) -4.50 3.2 2.6 4.5 2.3
Unemployment Rate (%) 3.50 3.4 3.5 3.5 3.4
Inflation Rate (%) 2.00 2 1.8 1.6 1.5
Interest Rate (%) 4.75 5.25 5.25 5.25 5.25
Balance of Trade (HKD Million) -51646.00 -21000 -36000 -41000 -42000
Business Confidence (points) 6.00 8
Manufacturing PMI (points) 49.60 51 49 52
Corporate Tax Rate (%) 16.50 16.5
Personal Income Tax Rate (%) 15.00 15
Current Account to GDP (% of GDP) 11.20 4.5
Government Budget (% of GDP) -3.60 0.5

GDP Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Growth Rate (%) -2.60 0.7 0.5 0.2 0.4
GDP Annual Growth Rate (%) -4.50 3.2 2.6 4.5 2.3
GDP Constant Prices (HKD Million) 689915.00 694141 685444 720961 705783
Gross National Product (HKD Million) 769128.00 714572 764006 803739 786818
Gross Fixed Capital Formation (HKD Million) 110240.00 111291 126208 115201 112776
GDP from Agriculture (HKD Million) 606.00 628 656 633 620
GDP from Construction (HKD Million) 25657.00 29487 27992 26812 26247
GDP from Manufacturing (HKD Million) 7032.00 6349 7188 7348 7194
GDP from Public Administration (HKD Million) 143376.00 130871 142890 149828 146674
GDP from Services (HKD Million) 621008.00 613334 607780 648953 635291
GDP from Transport (HKD Million) 27919.00 26310 23646 29175 28561
GDP from Utilities (HKD Million) 10669.00 8176 9403 11149 10914
GDP (USD Billion) 368.14 381
Full Year GDP Growth (%) 6.40 3.6

Labour Actual Q1/23 Q2/23 Q3/23 Q4/23
Unemployment Rate (%) 3.50 3.4 3.5 3.5 3.4
Retirement Age Men (Years) 65.00 65
Retirement Age Women (Years) 65.00 65

Prices Actual Q1/23 Q2/23 Q3/23 Q4/23
Inflation Rate (%) 2.00 2 1.8 1.6 1.5
Consumer Price Index CPI (points) 104.20 105 105 105 106
GDP Deflator (points) 105.80 103 103 107 107
Producer Prices (points) 111.50 118 118 113 113
Producer Prices Change (%) 0.40 3 2 1.5 1
Inflation Rate MoM (%) 0.30 0.1 0.1
Food Inflation (%) 3.80 3 2.5 2 3

Money Actual Q1/23 Q2/23 Q3/23 Q4/23
Interest Rate (%) 4.75 5.25 5.25 5.25 5.25
Interbank Rate (%) 3.69 4.19 4.19 4.19 4.19
Loans to Private Sector (HKD Million) 10657617.00 11384192 11272266 11313655 10902742

Trade Actual Q1/23 Q2/23 Q3/23 Q4/23
Balance of Trade (HKD Million) -51646.00 -21000 -36000 -41000 -42000
Imports (HKD Million) 399731.00 392000 410000 420000 430000
Exports (HKD Million) 348085.00 371000 374000 379000 388000
Current Account to GDP (% of GDP) 11.20 4.5
Foreign Direct Investment (HKD Billion) 16836.60 17000

Government Actual Q1/23 Q2/23 Q3/23 Q4/23
Government Spending (HKD Million) 93994.00 103793 97992 98224 96156
Government Budget (% of GDP) -3.60 0.5

Taxes Actual Q1/23 Q2/23 Q3/23 Q4/23
Corporate Tax Rate (%) 16.50 16.5
Personal Income Tax Rate (%) 15.00 15

Business Actual Q1/23 Q2/23 Q3/23 Q4/23
Business Confidence (points) 6.00 8
Manufacturing PMI (points) 49.60 51 49 52

Consumer Actual Q1/23 Q2/23 Q3/23 Q4/23
Retail Sales YoY (%) -5.30 5.7 3.1 1.8 1.2
Consumer Spending (HKD Million) 458486.00 439559 481947 479118 469031
Bank Lending Rate (%) 5.63 6.13 6.13 6.13 6.13
Retail Sales MoM (%) -8.80 3.2 -4.5 -1.2 2.5