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2026.08.1408:30:00UTC+00Hong Kong GDP Stagnates in Q2 2026, Extending 0.6% Contraction Quarter-on-Quarter

Hong Kong’s economy showed no sign of improvement in the second quarter of 2026, with gross domestic product (GDP) remaining unchanged at a quarter-on-quarter decline of 0.6%. According to the latest data updated on 14 August 2026, the contraction in Q2 2026 matches the pace recorded in the previous quarter, indicating that the city has yet to regain momentum.

On a quarter-on-quarter basis, the “actual” figure for the current period compares GDP in the second quarter to the first quarter of 2026, while the “previous” figure reflects the change in the first quarter versus the fourth quarter of the prior year. In both comparisons, Hong Kong’s GDP showed a 0.6% decline, signaling a persistent weak patch rather than a one-off setback.

The repetition of the same negative growth rate across consecutive quarters suggests that underlying economic pressures remain unresolved, with no clear sign of stabilization or recovery in the quarter-on-quarter trajectory so far in 2026.

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