Hong Kong's economic growth is seen to reach 2.5% in the second quarter of 2025, driven by domestic demand, according to data from the University of Hong Kong released Wednesday.
The figure is faster than the 1.9% growth expected in the first quarter, HKU's APEC Studies Program of the Hong Kong Institute of Economics and Business Strategy said.
Spending during Q2 is seen to grow 1.9% despite the impact of structural changes in local consumption and higher cross-border spending, mild inflation, and interest rate cuts, HKU said.
Overall economic growth for 2025 is seen to range between 2.5% and 3%, in line with the previous forecast released in January.
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