Money in Hong Kong

Hong Kong Money | Economic News & Forecasts

Hong Kong - Money

The economy contracted sharply in the third quarter, as widespread protests crippled activity. Private consumption and fixed investment nosedived, tourist arrivals plummeted, while exports were also down markedly as U.S.-China trade tensions rumbled on. Stronger government consumption, likely in part due to stimulus measures, provided cold comfort. Turning to the fourth quarter, early signs make for grim reading: The private-sector PMI fell to an over one-decade low in October amid less new business, while social unrest persists, which will continue to hit consumption, investment and tourism. In mid-October, the government announced fresh stimulus worth around USD 255 million to aid the retail, tourism and transportation sectors. However, the impact of the measures will likely be muted in the absence of a lasting solution to the prolonged political crisis.

Hong Kong - Money Data

2013  2014  2015  2016  2017  
Money (annual variation in %)12.4  9.5  5.5  7.7  10.0  

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Hong Kong Money Chart


Hong Kong Money
Note: Annual variation of M2 in %.
Source: Census and Statistics Department Hong Kong and FocusEconomics calculations.

Hong Kong Facts

ValueChangeDate
Bond Yield1.043.38 %Sep 04
Exchange Rate7.84-0.11 %Sep 04
Stock Market26,523-1.92 %Sep 04

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