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Supported by broadly sustained exterior demand as well as some front loading of shipments in anticipation of tariff hikes by America in early April, total exports of goods posted accelerated calendar year-on-12 months progress of 8.4% in actual phrases in the main quarter, pursuing a 1.3% increase in the preceding quarter. Analysed by major market place and by reference to external goods trade stats, exports to the Mainland grew get more info strongly in the main quarter around a calendar year earlier.
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After staying largely selection-sure in January 2025, the community stock industry rallied once the Chinese New Calendar year holidays via mid-March, as industry sentiment was fuelled through the Mainland’s breakthrough development in AI and also the Central Federal government's actions to promote the domestic economic system as unveiled for the "two periods". Nonetheless, the industry cooled down to the end with the quarter amid considerations over The usa’ trade coverage outlook.
Including the consequences of the Government's one-off reduction actions, the headline Composite CPI amplified by one.six% above a year before, greater compared to one.four% boost in the preceding quarter. The headline inflation rate was higher than its fundamental counterpart in the first quarter, since the electricity charges subsidy supplied by The federal government was smaller when compared with the similar period last yr.
Involves loans for trade finance together with other loans for use in Hong Kong. Given that December 2018, figures for loans to be used in/outside Hong Kong have been restated to mirror authorized establishments’ reclassification of Doing work cash financial loans.
The newest figures on GDP and its major expenditure elements nearly the 1st quarter of 2025 are introduced in Table 1. Developments in numerous segments of the overall economy in the very first quarter are described below.
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