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Economy to grow 2.9% annually from 2026-29: FS Chan
Inflation rate is forecasted to be 1.5% in 2025.
Hong Kong officials expect the economy to grow at an average of 2.9% per year in real terms between 2026 to 2029.
In his 2025-26 Budget Speech, Financial Secretary Paul Chan said that they estimate Hong Kong’s inflation rate to be 1.5% for 2025, and the headline inflation rate to be 1.8%.
“The underlying inflation rate is forecast to be on average 2.5% a year,” Chan said.
Chan expects monetary policy normalisation will help sustain solid growth in the global economy.
In contrast, geopolitics will bring challenges to Hong Kong's economy, he said.
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