Watch the highlights of AMRO’s 2023 Annual Consultation Report on Hong Kong, China.
After a record 3.2% growth in 2023, Hong Kong’s economy is poised to sustain its steady recovery with 3.5% growth in 2024, supported by domestic consumption, tourism and targeted fiscal support. Inflation is forecast to rise to 2.5% in 2024, reflecting economic recovery and tightening labor market.
While growth outlook has improved, uncertainties remain high and risks are tilted to the downside, including geopolitical risks and weakness in the property market. Watch the highlights of AMRO’s Annual Consultation Report on Hong Kong to learn more.