Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
Hong KongHong Kong Imports MoM fell to 41.0% in July 2026
FMPMonthlyReleased August 2026
Hong Kong Imports MoM fell to 41.0% in July 2026, released August 2026, down 4.4% from June's 45.4% reading.
Latest Release
41.000000
Actual
—
Consensus
45.400000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.63 | COMMODITIES | Moves with | → View |
| BTC/USD | ▲ Direct | +0.62 | CRYPTO | Moves with | → View |
| Hang Seng | ▲ Direct | +0.58 | INDEX | Moves with | → View |
| S&P 500 | ▲ Direct | +0.55 | INDEX | Moves with | → View |
| USD/HKD | ▼ Inverse | −0.38 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Imports MoM (Hong Kong) was reported at 41% in August 2026. The reading fell from the previous value of 45.4%. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 30.26%, ranging from 11.5% to 45.4% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 42.8%, up from the prior three at 37.47%. Volatility over the past year (σ 12.3%) is higher than the prior year (σ 5.72%).
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). A secondary relationship exists with BTC/USD, positively correlated (Bullish BTC).
WHAT TO WATCH NEXT
The next release is scheduled for September 24, 2026.
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
SHARE
Imports MoM - HK
Loading chart data...
About Imports MoM — Hong Kong
DEFINITION
Imports MoM is a financial indicator that measures the change in the value of goods and services imported into a country on a month-over-month basis. This indicator is used by economists and investors to track the level of international trade and assess the impact of imports on a country's economy. A positive change in Imports MoM indicates an increase in the demand for foreign goods, while a negative change may suggest a decrease in consumer spending and economic activity. This data can provide valuable insights into a country's trade balance and overall economic health.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. 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 (Jul 2026): actual 41 %. Prior reading (Jun 2026): 45.4 %. Before that (May 2026): 42 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with XAU/USD (Bullish XAU, r=0.63) — a useful reference for commodities-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - HK Events
| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 08:30 | HK | Industrial Production YoY | 2.3 | 3.1 | 2.5 | 2.40 | Low |