香港三季度GDP同比增长3.8%

Core Viewpoint - Hong Kong's GDP experienced a year-on-year growth of 3.8% in Q3 2025, an increase from 3.1% in Q2 2025, driven by strong export performance and expanding domestic demand [1][3]. Economic Performance - The local GDP in Q3 2025 rose by 3.8% compared to the same period last year, while the previous quarter's growth was 3.1% [1][3]. - Private consumption expenditure increased by 2.1% year-on-year in Q3 2025, up from 1.9% in Q2 2025 [1]. - Government consumption expenditure recorded a 1.6% increase year-on-year in Q3 2025, down from 2.5% in Q2 2025 [1]. Investment and Trade - Gross fixed capital formation rose by 4.3% year-on-year in Q3 2025, following a 1.9% increase in Q2 2025 [2]. - Merchandise exports saw a significant increase of 12.2% year-on-year in Q3 2025, compared to 11.5% in Q2 2025 [2]. - Merchandise imports increased by 11.7% year-on-year in Q3 2025, slightly down from 12.6% in Q2 2025 [2]. Service Sector - Service output grew by 6.1% year-on-year in Q3 2025, following an 8.6% increase in Q2 2025 [2]. - Service input rose by 2.6% year-on-year in Q3 2025, down from 7.3% in Q2 2025 [2]. Future Outlook - The Hong Kong economy is expected to continue its robust growth for the remainder of 2025, supported by moderate global economic growth and strong demand for electronic products [4]. - The increase in visitor arrivals and active financial market activities are anticipated to further boost service exports [4]. - Local consumption and investment activities are expected to be supported by improved consumer confidence and government measures to diversify the economy [4].