Manufacturing production in Hong Kong increased 3.1% year-on-year in the first quarter of 2026, slowing from a revised 5.8% expansion in the previous three-month period. This marked the weakest growth since the second quarter of 2025, as output growth eased in food, beverages and tobacco (2.1% vs 3.1% in Q4), metal, computer, electronic and optical products, machinery and equipment (6.6% vs 6.9%), and miscellaneous manufacturing industries (5% vs 9.7%). Meanwhile, declines in paper products, printing and reproduction of recorded media deepened (-2.6% vs -0.2%), while output in textiles and wearing apparel remained unchanged at -4.7%. On a seasonally adjusted quarterly basis, manufacturing production fell 2.6%, reversing from a 1.3% rise in the fourth quarter of 2025.