Hong Kong GDP Grows 0.4% in Q2


Hong Kong economy expanded by 0.4 percent quarter-to-quarter from April to June compared with an upwardly revised 0.7 percent growth in the previous period.

Private consumption expenditure increased by 1.2 percent compared to a 1.8 percent growth in the previous period. Government consumption expenditure rose by 1.1 percent.

Total exports of goods declined by 3.2 percent, compared to 1.4 percent contraction in Q1. Exports of services declined by 0.8 percent compared to 0.9 percent growth in Q1. Total imports of goods decreased by 3.1 percent (-2.1 percent in Q1), while imports of services  increased by 2.1 percent (+0.8 percent in Q1).

Year-on-year, the economy advanced 2.8 percent, up from a 2.1 percent growth in the previous quarter.

Hong Kong GDP Grows 0.4% in Q2


Censtatd l Giulia Casagrande l giulia.casagrande@tradingeconomics.com
8/14/2015 10:53:14 AM