Economy
Wages rise 3.4% in March 2026
Wages rise 3.4% in March 2026
Real wages increased 1.7%, whilst payroll per worker grew 3.4% in the first quarter.
Exports jump 40.8% in May on AI demand
Imports rose 42% during the month, resulting in a $44.2b merchandise trade deficit.
AI exports to drive Hong Kong's 3.8% growth, says BEA
Consumption and investment are expected to extend the city's economic recovery.
Private sector vacancies fall 12% as employment slips
Food and beverage services led the drop with 25% fewer openings.
Hong Kong inflation picks up to 2% in May on transport, health costs
Holiday packages also helped drive prices up.
Hong Kong seals 96 agreements in Central Asia push
The deals span logistics, infrastructure, finance, professional services, and mining.
Hong Kong posts $35.2b balance of payments surplus in Q1
The current account surplus narrowed sharply as the city’s goods deficit widened to $92.8b.
Hong Kong Q1 real GDP growth rises to 5.9% on trade gains
Construction rebounded to a 7.6% rise after a prior quarter decline.
Hong Kong rises to second in global competitiveness ranking
The city ranked first in tax policy and business legislation, whilst placing second in government efficiency.
Jobless rate steady at 3.7% in March to May
The underemployment rate also remained unchanged at 1.5%, whilst total employment slipped slightly.
Goods exports volume up 32.3% in April
Import volume also rose 34.0% YoY, whilst export and import prices increased.
GNI outpaces GDP in Q1 on investment income inflows
Net primary income inflows outweigh stronger domestic output growth trends.
Gov’t seeks public views on first five-year development plan
Key priorities include the Northern Metropolis and green transformation.
Hong Kong services post broad gains in Q1
Trade recorded the largest increase whilst IT services rise sharply YoY.
Hong Kong ranks 13th in global talent cities index
Leading cities remain key hubs for capital, talent, and decision-making despite rising talent and operating costs.
Hong Kong signs 43 deals with Kazakhstan firms
The agreements cover aviation, finance and trade, innovation and technology, among others.
Civil service pay indicators set at up to 4.12%
The net pay trend indicators will be among the factors considered for the 2026 to 2027 civil service pay adjustment.
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