1、 THIRD QUARTER ECONOMIC REPORT 2025 OFFICE OF THE GOVERNMENT ECONOMIST FINANCIAL SECRETARYS OFFICE GOVERNMENT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION November 2025 CONTENTS Paragraphs CHAPTER 1:OVERVIEW OF ECONOMIC PERFORMANCE Overall situation 1.1-1.2 The external sector 1.3-1.4 The domestic
2、 sector 1.5-1.6 The labour sector 1.7 The asset markets 1.8-1.9 Inflation 1.10-1.11 Net output of major economic sectors 1.12 Other economic developments 1.13-1.15 Box 1.1 Business sentiment in Hong Kong CHAPTER 2:THE EXTERNAL SECTOR Merchandise trade External environment 2.1-2.9 Merchandise exports
3、 2.10-2.11 Merchandise imports 2.12 Services trade Exports of services 2.13 Imports of services 2.14 Goods and services balance 2.15 Other developments 2.16-2.18 CHAPTER 3:DEVELOPMENTS IN SELECTED SECTORS Property 3.1-3.8 Land 3.9-3.10 Tourism 3.11-3.13 Logistics 3.14-3.16 Transport 3.17 Innovation
4、and technology 3.18 Arts,Cultural and Creative Industries 3.19 Environment 3.20 CHAPTER 4:THE FINANCIAL SECTOR Interest rates and exchange rates 4.1-4.5 Money supply and banking sector 4.6-4.10 The debt market 4.11-4.12 The stock and derivatives markets 4.13-4.16 Fund management and investment funds
5、 4.17 Insurance sector 4.18 Highlights of policy and market developments 4.19-4.21 CHAPTER 5:THE LABOUR SECTOR Overall labour market situation 5.1 Labour force and total employment 5.2-5.3 Profile of unemployment 5.4-5.8 Underemployment situation 5.9 Profile of employment in establishments 5.10-5.11
6、 Vacancies 5.12-5.13 Wages and earnings 5.14-5.16 Highlights of related measures and policy developments 5.17-5.19 CHAPTER 6:PRICES Consumer prices 6.1-6.3 Costs of factor inputs and import prices 6.4-6.5 Output prices 6.6 GDP deflator 6.7 STATISTICAL APPENDIX 1 CHAPTER 1:OVERVIEW OF ECONOMIC PERFOR