Hong Kong Manufacturing Growth Slows to 0.7% in Q1 2025

Manufacturing production in Hong Kong rose 5.4% year-on-year in Q3 2025, the fastest pace since Q4 2021, following a 0.9% gain in the previous period. The acceleration was driven by stronger growth in food, beverages, and tobacco (2.5% vs 2.0%), miscellaneous manufacturing (9.3% vs 0.8%), and metal, computer, electronics, and optical products, machinery, and equipment (6.1% vs 0.2%), alongside a softer decline in textiles and wearing apparel (-5.2% vs -5.6%). In contrast, growth slowed in paper products, printing, and reproduction of recorded media (1.0% vs 1.5%). On a seasonally adjusted quarterly basis, manufacturing output increased 4.6%, up from 0.3% in Q2 2025.

Manufacturing production in Hong Kong rose 0.9% year-on-year in the second quarter of 2025, slightly accelerating from a 0.7% gain in the previous period. Output growth rebounded in food, beverages, and tobacco (2.0% vs -0.3% in Q1 2025) and edged up slightly in miscellaneous manufacturing industries (0.7% vs 0.8%). However, the gains were partially offset by a contraction in textiles and wearing apparel (-5.7% vs 0.9%), alongside slower growth in paper products, printing, and reproduction of recorded media (1.5% vs 2.9%) and in metal, computer, electronics, and optical products, machinery, and equipment (0.2% vs 2.3%). On a seasonally adjusted quarterly basis, manufacturing output increased 0.3% in Q2 2025, rebounding from a 0.5% contraction in the previous quarter.

Manufacturing production in Hong Kong grew by 0.7% year-on-year in the first quarter of 2025, easing from a 1.0% gain in the previous period. Output growth slowed in metal, computer, electronics, and optical products, machinery, and equipment (2.4% vs 3.3% in Q4 2024) and miscellaneous manufacturing industries (0.7% vs 2.9%). Meanwhile, production rebounded in textiles and wearing apparel (0.8% vs -0.8%), paper products, printing, and reproduction of recorded media (2.9% vs -2.9%). In addition, output also returned to growth in sewerage, waste management and remediation activities (1.8% vs -0.7%). On a seasonally adjusted quarterly basis, manufacturing output contracted 0.5% in Q1 2025, reversing a 1.2% expansion in Q4 2024