Hong Kong's industrial production decreased at a faster pace in the second quarter, preliminary data released by the Census and Statistics Department showed Thursday.
Industrial production fell 2.9 percent on an annual basis in the second quarter, faster than the 1.6 percent decline recorded in the first quarter.
Contributing to the overall contraction, output of metal, computer, electronic and optical products, machinery and equipment fell 15.5 percent year-on-year, while production of wearing apparel declined 19.1 percent. Output of textiles was lower by 3.1 percent compared to last year.
Meanwhile, food, beverages and tobacco production rose 2.4 percent annually during the three-month period, data showed.
Sequentially, overall industrial production decreased a seasonally adjusted 1.7 percent in the second quarter.
The agency said producer prices in Hong Kong's industrial sector decreased 0.7 percent year-on-year in the second quarter, reversing first quarter's 3.6 percent growth. The decline mainly reflected a 3.6 percent fall in prices of metal, computer, electronic and optical products, machinery and equipment.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.