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＊ The global economic system maintained continuous advancement in the very first quarter. With broadly sustained external desire, as well as some entrance-loading of shipments in anticipation of tariff hikes by The usa in early April, Hong Kong’s complete exports of goods noticed visibly accelerated development, up 8.
Customer rate inflation stayed modest in the 1st quarter of 2025. The underlying Composite CPI greater by 1.two% more than a yr earlier in the 1st quarter, similar as the rise during the previous quarter. In just this, food items selling prices in general amplified mildly. Private housing rentals saw a slightly accelerated improve. Price pressures on other main components stayed largely contained.
The investigation established out With this report is based on facts attained from sources thought to become dependable, but we (which collectively refers to DBS Lender Ltd, DBS Vickers Securities (Singapore) Pte Ltd, its respective linked and involved businesses, affiliate marketers and their respective directors, officers, workers and agents (collectively, the “DBS Team”) have not carried out homework on any of the businesses, confirmed any info or resources or taken under consideration any other variables which we may well consider to be pertinent or ideal in preparing the investigate. Appropriately, we don't make any representation or warranty as towards the precision, completeness or correctness of your exploration set out In this particular report. Opinions expressed are topic to alter without warning. This investigation is prepared for common circulation. Any suggestion contained On this document does not have regard to the particular expenditure aims, money situation and The actual needs of any specific addressee.
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Such as the consequences of The federal government's one-off aid measures, the headline Composite CPI elevated by 1.6% above a 12 months Data HK earlier, larger compared to one.4% increase in the previous quarter. The headline inflation charge was higher than its fundamental counterpart in the initial quarter, given that the electrical energy charges subsidy supplied by The federal government was more compact as opposed Together with the very same time period previous 12 months.
Features loans for trade finance and also other loans to be used in Hong Kong. Considering that December 2018, figures for loans for use in/outdoors Hong Kong have been restated to replicate authorized establishments’ reclassification of Functioning money financial loans.
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