Manufacturing production in Hong Kong rose by 2.7 percent year-on-year in the second quarter of 2022, following an upwardly revised 1.3 percent fall in the previous period. Output volumes rose for miscellaneous manufacturing industries (5.4 percent), food, beverages and tobacco (1.1 percent) and paper products, printing and reproduction of recorded media (1 percent). Conversely, declines were seen in the production of metal, computer, electronic and optical products, machinery and equipment (-2.7 percent) and textiles and wearing apparel (-1 percent). On a seasonally adjusted basis, manufacturing activity increased by 5.3 percent in the second quarter of 2022 compared with the first quarter of 2022. source: Census and Statistics Department, Hong Kong
Industrial Production in Hong Kong averaged 0.43 percent from 1983 until 2022, 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 September of 2022.
Industrial Production in Hong Kong is expected to be 3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Manufacturing Production is projected to trend around 3.40 percent in 2023, according to our econometric models.