Hong Kong Special Administrative Region's volume of business and output in all sectors is expected to surge in the third quarter, according to Hong Kong Census Statistics Department's quarterly business tendency survey released on Thursday.

All surveyed sectors expect their business situation to improve, with significantly more respondents in the manufacturing sector anticipating a brighter outlook.

Respondents in all surveyed sectors - in particular the real estate, and the banks, financing and insurance sectors - expect employment to increase, the survey said.

Respondents in all surveyed sectors expect selling prices and service charges to rise, except the communications sector. Significantly more respondents in the wholesale and retail sector expect their selling price to increase, according to the survey.