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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
Hong KongHong Kong Gross Domestic Product YoY climbed to 5.9% in January 2026
FMPMonthlyReleased May 2026
Hong Kong Gross Domestic Product YoY climbed to 5.9% in January 2026, released May 2026, up 2.1% from December's 3.8% reading. The reading matched the 5.9% consensus. The print is running well above the 12-month average of 3.74%. Gross Domestic Product YoY is now the highest in 15 months.
Latest Release
5.9
Actual
5.9
Consensus
3.8
Previous
Median Absolute Error
±0 percentage points
across last 8 releases
Last Call
May 2026
Predicted: 5.9
Actual: 5.9
Error: +0
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.62 | INDEX | Bearish S&P 500 | → View |
| Nikkei 225 | ▼ Inverse | −0.54 | INDEX | Bearish Nikkei 225 | → View |
| Hang Seng | ▼ Inverse | −0.25 | INDEX | Bearish Hang Seng | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Gross Domestic Product YoY (Hong Kong) was reported at 5.9% in May 2026. This matched the market consensus of 5.9% exactly. The reading rose from the previous value of 3.8%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 3.89%, ranging from 3.1% to 5.9% across 8 releases.
WHY IT MATTERS
The trailing three releases averaged 4.5%, up from the prior three at 3.8%. In May readings over the past 3 years, Gross Domestic Product YoY has averaged 4.03%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with Nikkei 225, negatively correlated (Bearish Nikkei 225). Over the last 8 releases, the Sigmacast model's median absolute error is 0%.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Gross Domestic Product YoY - HK
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About Gross Domestic Product YoY — Hong Kong
DEFINITION
Hong Kong's Gross Domestic Product YoY rose to 5.900000% in April, matching estimates and accelerating sharply from March's 3.800000%. This marks a significant expansion in economic growth, reflecting stronger nominal GDP performance. Market focus now shifts to upcoming monetary policy signals amid this robust growth environment. Updated 5/15/26
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2026): actual 5.9 %, consensus 5.9 %. Prior reading (Jan 2026): 5.9 %. Before that (Oct 2025): 3.8 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.62) — a useful reference for index-focused traders.