Manufacturing production in Hong Kong declined 4.6 percent year-on-year in the first quarter of 2020, following a 0.5 percent fall in the previous period. It was the largest decline in manufacturing activity since the last quarter of 2009, amid the coronavirus pandemic. Output dropped in paper products, printing and reproduction of recorded media (-4.2 percent vs 1 percent in Q4 2019); and miscellaneous manufacturing industries (-1.8 percent vs 0.7 percent). Also, production of food, beverages and tobacco fell further (-10.1 percent vs -1.9 percent). In contrast, output decreased less for metals, computers, electronics and machinery (-3.2 percent vs -0.8 percent) while rose at a faster pace for textiles and wearing apparel (0.8 percent vs 0.5 percent).

Industrial Production in Hong Kong averaged 0.43 percent from 1983 until 2020, reaching an all time high of 23.90 percent in the first quarter of 1987 and a record low of -14.20 percent in the fourth quarter of 1998. This page provides - Hong Kong Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Census and Statistics Department, Hong Kong

Industrial Production in Hong Kong is expected to be -9.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Hong Kong to stand at 3.40 in 12 months time. In the long-term, the Hong Kong Manufacturing Production is projected to trend around 3.40 percent in 2021, according to our econometric models.

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Hong Kong Manufacturing Production

Actual Previous Highest Lowest Dates Unit Frequency
-4.60 -0.50 23.90 -14.20 1983 - 2020 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-09-12 08:30 AM Q2 0.3% 1.4% 0.5%
2019-12-13 08:30 AM Q3 0.4% 0.4% -1%
2020-03-24 08:30 AM Q4 -0.5% 0.5% -0.5%
2020-06-12 08:30 AM Q1 -4.6% -0.5% -1.5%
2020-09-14 08:30 AM Q2 -4.6% -9.5%
2020-12-14 08:30 AM Q3 2.0%


News Stream
Hong Kong Factory Output Drops the Most in 10 Years
Manufacturing production in Hong Kong declined 4.6 percent year-on-year in the first quarter of 2020, following a 0.5 percent fall in the previous period. It was the largest decline in manufacturing activity since the last quarter of 2009, amid the coronavirus pandemic. Output dropped in paper products, printing and reproduction of recorded media (-4.2 percent vs 1 percent in Q4 2019); and miscellaneous manufacturing industries (-1.8 percent vs 0.7 percent). Also, production of food, beverages and tobacco fell further (-10.1 percent vs -1.9 percent). In contrast, output decreased less for metals, computers, electronics and machinery (-3.2 percent vs -0.8 percent) while rose at a faster pace for textiles and wearing apparel (0.8 percent vs 0.5 percent).
2020-06-12
Hong Kong Factory Activity Falls for 1st Time in 3 Years
Manufacturing production in Hong Kong fell 0.5 percent year-on-year in the last three months of 2019, following an upwardly revised 0.5 percent rise in the previous period. It is the first drop in manufacturing activity in three years, as Hong Kong battled with months of antigovernment protests and social unrest. Declines were seen in production of food, beverages and tobacco (-2.1 percent vs 0.8 percent in the previous period) and metals, computers, electronics and machinery (-3.2 percent vs -0.8 percent). Considering full 2019, manufacturing output increased a meagre 0.4 percent.
2020-03-24
Hong Kong Factory Output Growth Steady in Q3
Manufacturing production in Hong Kong increased 0.4 percent over a year ago in the third quarter of 2019, the same pace as in the previous period which was the slowest since the third quarter of 2017. Output growth slowed for food, beverages & tobacco (0.7 percent vs 1.9 percent in Q2) and textiles & wearing apparel (0.4 percent vs 1.2 percent) while production fell for paper products, printing & reproduction of recorded media (-0.6 percent vs -1.4 percent) and metal, computer, electronic and optical products, machinery & equipment (-0.6 percent vs -2 percent). In contrast, output rose faster for miscellaneous manufacturing industries (1 percent vs 0.3 percent). On a seasonally adjusted quarterly basis, manufacturing output dropped 0.1 percent.
2019-12-13
Hong Kong Factory Output Growth at Nearly 2-Year Low
Manufacturing production in Hong Kong increased 0.3 percent over a year earlier in the second quarter of 2019, easing from a 1.4 percent rise in the previous period. It was the smallest gain in factory output since the third quarter of 2017, as production slowed for food, beverages & tobacco (1.8 percent from 2.0 percent in Q1); and miscellaneous manufacturing industries (0.3 percent from 2.3 percent). Also, output declined for metal, computer, electronic & optical products, machinery & equipment (-2.1 percent from 0.4 percent). Meanwhile, production of paper products, printing & reproduction of recorded media declined less (-1.5 percent from -3.3 percent) and textiles & wearing apparel output rebounded (1.3 percent from -0.1 percent).
2019-09-12

Hong Kong Manufacturing Production
In Hong Kong, industrial production measures the output of businesses integrated in manufacturing sector of the economy.