Hong Kong Expects 2021 Growth Near Top of Forecasted Range
Pedestrians in the Central area of Hong Kong.
Photographer: Billy H.C. Kwok/BloombergThis article is for subscribers only.
Hong Kong’s economy will likely expand near the top of the government’s forecast range this year, with inflation pressures expected to ease.
Gross domestic product is set to grow 6.4% this year, close to the upper end of a previous range of 5.5% to 6.5%, the city’s government said in a release Friday. The forecast for underlying inflation this year was lowered to 0.7% from 1%.