Hong Kong Inflation Cools in March
Hong Kong Consumer Inflation Slows to 1.4% in March
Meridians: The latest MMI report is 3.51%, indicating that the Federal Reserve may cut interest rates as early as mid-year or later.
The latest data from the Mortgage Referral Research Department indicates that in March, the Mortgage Interest Rate Index (MMI), which reflects the actual interest levels generally available to new mortgage customers, is reported at 3.51%, a month-on-month decrease of 3 basis points.
From January to March, the seasonally adjusted unemployment rate in Hong Kong was 3.2%.
Trade frictions have intensified, increasing uncertainty in the external environment.
Hong Kong Monetary Authority: As of the end of March, the composite interest rate is 2.07%, down 2 basis points month-on-month.
The overall interest rate has declined, mainly reflecting a decrease in the weighted cost of funds for deposits during the month.
Hong Kong: In February 2025, the overall export volume of commodities increased by 13.8% year-on-year.
In February 2025 compared to February 2024, Hong Kong's overall commodity export volume and import volume increased by 13.8% and 9.9% respectively.