Hong Kong

Prospects continue to brighten

The outlook continues to improve and the economy is expected to expand at a solid pace, driven by robust growth in the domestic sector, as declining unemployment should rekindle private consumption in the coming quarters. In addition, being one of the most open economies in the region, the country’s external sector will benefit from the global recovery. Meanwhile, although consumer prices have risen in recent months, inflationary pressures are expected to remain relatively contained throughout the year.