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Thursday November 24 2016
Hong Kong Trade Deficit Widens in October as Exports Fall  
Hong Kong's trade deficit rose by 25.5 percent to HKD 37.2 billion in October 2016 from HKD 29.7 billion the same month of the previous year, as exports fell by 1.8 percent while imports rose by 0.5 percent. Considering the first ten months of the year, the trade deficit was recorded at $341 billion, with exports declining by 2.5 percent and imports decreasing at a faster 2.9 percent over the same period in 2015.
Tuesday November 22 2016
Hong Kong Inflation Rate Falls to Nearly 7-Year Low  
Consumer prices in Hong Kong increased by 1.2 percent year-on-year in October 2016, easing from a 2.7 percent gain the previous month. It was the lowest inflation rate since January 2010, mainly due to a slowdown in housing prices growth.
Thursday November 17 2016
Hong Kong Unemployment Rate Remains at 3.4%  
The seasonally adjusted unemployment rate in Hong Kong came in at 3.4 percent in three months to October of 2016, the same as in the previous seven periods. The underemployment rate was also steady at 1.4 percent.
Friday November 11 2016
Hong Kong GDP Growth Beats Expectations in Q3  
The Hong Kong economy advanced 1.9 percent year-on-year in the third quarter of 2016, higher than a 1.7 percent expansion in the previous period and above market expectations of 1.6 percent, boosted by private spending and investment.
Thursday October 27 2016
Hong Kong Trade Gap Widens Sharply in September  
Hong Kong's trade deficit rose by 9.1 percent to HKD 39.7 billion in September 2016 from HKD 36.4 billion the same month of the previous year, as exports went up by 3.6 percent and imports rose at a faster 4.1 percent. Considering the first nine months of the year, the trade deficit was recorded at $304.2 billion, with exports declining by 2.6 percent and imports decreasing by 3.2 percent over the same period in 2015.
Thursday October 20 2016
Hong Kong Inflation Slows to 2.7% in September  
Consumer prices in Hong Kong increased 2.7 percent year-on-year in September of 2016, following 4.3 percent rise in the previous month. The larger growth in August 2016 was attributable to the low base of comparison arising from the Government's payment of public housing rentals a year ago, and such effect did not come into play in September. Netting out the effects of all Government's one-off relief measures, the inflation rate was 2.3 percent, slightly larger than 2 percent in August.
Tuesday October 18 2016
Hong Kong Jobless Rate Steady at 3.4% in September  
The seasonally adjusted unemployment rate in Hong Kong came in at 3.4 percent in three months to September of 2016, unchanged from the previous sixth periods. The underemployment rate was also steady at 1.4 percent.
Tuesday September 27 2016
Hong Kong Trade Deficit Widens 21% YoY in August  
Hong Kong trade gap rose to HKD 32 billion in August 2016 from HKD 25.1 billion shortfall a year earlier. Exports went up 0.8 percent to HKD 309.7 billion and imports rose at a faster 2.8 percent to HKD 341.8 billion. For the first eight months of the year, the trade shortfall came at HKD 264.8 billion compared to HKD 295.8 billion in the same period of 2015, as exports of goods declined 3.4 percent and imports fell 4.2 percent.
Thursday September 22 2016
Hong Kong Inflation Rate at 17-Month High in August  
Consumer prices in Hong Kong increased 4.3 percent year-on-year in August of 2016, following 2.3 percent rise in July. It was the highest inflation rate since March 2015, due to the low base of comparison resulted from the government's payment of public housing rentals in August last year. Netting out the effects of all Government's one-off relief measures, the inflation was 2.1 percent, also slightly larger than 2 percent in July.
Monday September 19 2016
Hong Kong Jobless Rate Steady at 3.4%  
The seasonally adjusted unemployment rate in Hong Kong came in at 3.4 percent in three months to August of 2016, unchanged from the previous period and remaining at the highest level since 2013 for the sixth consecutive month. The underemployment rate was also steady at 1.4 percent in the two periods.
Thursday August 25 2016
Hong Kong Trade Gap Widens 17.1% YoY in July  
Hong Kong trade deficit increased by 17.1 percent to HKD 33.3 billion in July 2016 from HKD 28.4 billion a year earlier. Exports dropped for the 15th straight month by 5.1 percent while imports declined at a slower 3.3 percent. For the first seven months of the year, the trade deficit amounted to HKD 232.9 billion compared to HKD 270.7 billion in the same period of 2015, as exports of goods dropped 4.1 percent and imports slumped 5.2 percent.
Monday August 22 2016
Hong Kong Inflation Rate Slows to 8-Month Low of 2.3%  
Consumer prices in Hong Kong increased 2.3 percent year-on-year in July of 2016, easing from a 2.4 percent rise in June. It was the fifth consecutive month of decrease in inflation rate as cost of private housing rentals increased at a slower pace and prices of women’s clothing dropped more. Netting out the effects of all Government's one-off relief measures, including payment and subsidies of public housing rentals and electricity charge subsidy, the inflation was 2 percent, also slightly lower than 2.1 percent in June.
Thursday August 18 2016
Hong Kong's Jobless Rate Unchanged at 3.4%  
The seasonally adjusted unemployment rate in Hong Kong came in at 3.4 percent in three months to July of 2016, unchanged from the previous period and remaining at the highest level since 2013 for the fourth consecutive month. The underemployment rate was also steady at 1.4 percent in the two periods.
Friday August 12 2016
Hong Kong Economy Expands 1.7% YoY in Q2  
The Hong Kong GDP advanced 1.7 percent year-on-year in the second quarter of 2016, compared to 0.8 percent expansion in the previous period. This was largely underpinned by a pick-up in goods exports while private consumption expenditure growth slowed down. On a seasonally adjusted quarter-to-quarter comparison, the economy rebounded distinctly by 1.6 percent, after the 0.5 percent decline in the preceding quarter.
Tuesday July 26 2016
Hong Kong Trade Deficit Narrows Slightly in June  
Hong Kong reported a HKD 45.6 billion trade deficit in June of 2016, 0.41 percent lower than a HKD 45.7 billion gap a year earlier. Exports shrank 1 percent, falling for the fourteenth straight month while imports declined 0.9 percent, the least since February of 2015. Both exports and imports have been falling due to sluggish global demand.
Thursday July 21 2016
Hong Kong Inflation at 6-Month Low of 2.4%  
Consumer prices in Hong Kong went up 2.4 percent year-on-year in June of 2016, compared to 2.6 percent rise in May. It was the lowest figure since December of 2015, as food and housing inflation slowed.
Tuesday August 16 2016
Hong Kong Jobless Rate Steady at 3.4%  
The seasonally adjusted unemployment rate in Hong Kong came in at 3.4 percent in three months to June of 2016, unchanged from the previous period and remaining at the highest level since 2013 for the third consecutive month. The underemployment rate was steady at 1.4 percent.
Monday June 27 2016
Hong Kong Trade Gap at 4-Month Low in May  
Hong Kong trade deficit narrowed to HKD 26.2 million in May of 2016, compared to HKD 40.1 million gap a year earlier. Exports decreased at a slower 0.1 percent, as sales to India and Taiwan saw more notable growth and to the the EU and the China increased slightly while outbound shipments to the US and Japan were still weak. Imports fell 4.3 percent, mainly driven by lower purchases from the US, Japan and Thailand.
Tuesday June 21 2016
Hong Kong Inflation Eases to 2.6% in May  
Consumer prices in Hong Kong rose 2.6 percent year-on-year in May of 2016, compared to 2.7 percent growth in the previous month. It was the lowest reading since January and below market expectations of 2.8 percent rise, thanks partly to the slower increases in prices of basic foodstuffs and the private housing rental component.
Thursday June 16 2016
Hong Kong Jobless Rate Unchanged at 3.4%  
The seasonally adjusted unemployment rate in Hong Kong remained steady at 3.4 percent in three months to May of 2016, compared to the previous period, staying at the highest level since late 2013 for the second straight month. The underemployment rate was also unchanged at 1.4 percent.
Thursday May 26 2016
Hong Kong Trade Gap Below Expectations in April  
Hong Kong trade deficit narrowed 21 percent to HKD 31 million in April of 2016, compared to HKD 39.1 million gap a year earlier and below market consensus of HKD 38.6 million. Exports and imports fell at a slower-than-expected 2.3 percent and 4.5 percent respectively, as trade with EU and some Asian markets showed more discernible improvements.
Monday May 23 2016
Hong Kong Inflation Rate at 3-Month Low  
Consumer prices in Hong Kong rose 2.7 percent year-on-year in April of 2016, easing from 3.0 percent growth in the previous month. It was the lowest reading since January, due the slower increases in food prices, and decreases in the charges for package tours, partly reflecting the difference in timing of the Easter holidays between this year and last year.
Tuesday May 17 2016
Hong Kong Jobless Rate Steady at 3-Year High  
The seasonally adjusted unemployment rate in Hong Kong remained unchanged at 3.4 percent in three months to April of 2016, compared to the previous period while staying at the highest level since late 2013. The underemployment rate was also steady at 1.4 percent. Amid the setback in inbound tourism and weaker local consumption, the unemployment rate rose in retail, accommodation and food services, followed by seasonal increase in construction sector.
Friday May 13 2016
Hong Kong GDP Growth Weakest in 4 Years  
The Hong Kong economy advanced 0.8 percent year-on-year in the March quarter of 2016, slowing from 1.9 percent expansion in the previous period. It is the lowest growth since the first quarter of 2012, as deterioration in external environment led to a deeper setback in both goods and services trade. The domestic sector also lost some momentum, as the weak global outlook with rising downside risks affected local economic sentiment. This, together with the continued slowdown in inbound tourism, posed a severe drag on retail sales, which saw the largest year-on-year decline since the Asian financial crisis in 1998. On a quarterly basis, the economy contracted 0.4 percent as compared to 0.2 percent growth in the preceding quarter, the biggest fall since 2011.
Tuesday April 26 2016
Hong Kong Trade Gap at 15-Month High  
Hong Kong trade deficit widened 1.8 percent year-on-year to HKD 47.03 billion in March of 2016 as exports fell more than imports. It is the highest trade gap since December of 2014.
Thursday April 21 2016
Hong Kong Inflation Rate Slows to 3.0% in March  
Consumer prices in Hong Kong rose 3.0 percent year-on-year in March of 2016, following 3.1 percent growth in the previous month. The faster increases in food prices amid bad weather conditions earlier this year receded, while other major CPI components mostly faced benign price pressures. However, due partly to the different timing of the Easter holidays, the charges for package tours reverted to showing growth.
Tuesday April 19 2016
Hong Kong Jobless Rate at 3-Year High  
The seasonally adjusted unemployment rate in Hong Kong increased to 3.4 percent three months to March of 2016, after staying at 3.3 percent for eight consecutive periods, the highest since late 2013. The underemployment rate rose to 1.4 percent from 1.3 percent in the preceding period.
Tuesday March 29 2016
Hong Kong Trade Gap Narrows in February  
Hong Kong trade deficit decreased 7.6 percent year-on-year to HKD 33.15 billion in February of 2016 as both exports and imports fell more than expected. Considering the first two months of 2016 to remove the distortion caused by the difference in timing of the Chinese New Year holidays, the country’s trade gap narrowed 30.5 percent as exports shrank 6.6 percent and imports declined at a faster 9.5 percent.
Monday March 21 2016
Hong Kong Inflation Rate at 8-Month High  
Consumer prices in Hong Kong increased 3.1 percent year-on-year in February of 2016, compared to 2.7 percent growth in the previous month. It was the highest value since June of 2015, mostly due to surge in basic foodstuffs prices amid bad weather conditions.
Thursday March 17 2016
Hong Kong Unemployment Rate Flat at 3.3%  
The seasonally adjusted unemployment rate in Hong Kong was recorded at 3.3 percent for the eighth consecutive period in the three months to February of 2016. The underemployment rate decreased to 1.3 percent from 1.4 percent.
Thursday February 25 2016
Hong Kong Trade Gap Narrows 52.8% in January  
Hong Kong trade deficit decreased by 52.8 percent to HKD 17.5 billion in January of 2016 from a HKD 37 billion deficit a year earlier, as imports fell 9.0 percent while exports declined at a slower 3.8 percent.
Wednesday February 24 2016
Hong Kong GDP Annual Growth Lowest in Over 3 Years  
The Hong Kong GDP advanced 1.9 percent year-on-year in the December quarter of 2015, slowing from a downwardly revised 2.2 percent expansion in the previous quarter and slightly below market consensus. It is the lowest growth since the third quarter of 2012, as an increase in household and government spending were unable to offset a decline in investment and exports.
Tuesday February 23 2016
Hong Kong Inflation Rate at 7-Month High  
Consumer prices in Hong Kong rose 2.7 percent year-on-year in January of 2016, compared to 2.5 percent growth in the previous month. It was the highest value since June of 2015, due to faster increases in food prices amid exceptionally cold weather during the month, and partly due to the difference in timing of the Lunar New Year, which fell on February 8 this year, but on February 19 last year. Indeed, the price pressures of many major CPI components remained benign.
Tuesday February 23 2016
Hong Kong Unemployment Rate Steady at 3.3%  
The seasonally adjusted unemployment rate in Hong Kong was recorded at 3.3 percent for the seventh consecutive period in the three months to January of 2016. The underemployment rate also remained unchanged at 1.4 percent.
Tuesday January 26 2016
Hong Kong Trade Gap Narrows 30% in December  
Hong Kong trade deficit decreased by 29.6 percent to HKD 45.7 billion in December of 2015 from a HKD 59.2 billion deficit a year earlier, as exports fell at a slower pace than imports. Considering full 2015, the trade gap decreased 19.2 percent to HKD 441.1 billion as sales declined 1.8 percent and imports shrank 4.1 percent.
Thursday January 21 2016
Hong Kong Inflation Rate Edges Up to 2.5%  
Consumer prices in Hong Kong increased 2.5 percent year-on-year in December of 2015, slightly higher than a 2.4 percent rise in the previous two months and mainly due to cost of fresh vegetables. Netting out the effects of all Government's one-off relief measures, inflation rate remained virtually unchanged at 2.4 percent.
Tuesday January 19 2016
Hong Kong Unemployment Rate Unchanged at 3.3%  
The seasonally adjusted unemployment rate in Hong Kong was recorded at 3.3 percent for the sixth consecutive period in the three months to December of 2015. The underemployment rate increased to 1.4 percent from 1.3 percent in the three months to November of 2015.
Monday December 28 2015
Hong Kong Trade Gap Narrows 37% in November  
Hong Kong trade deficit decreased by 36.6 percent to HKD 33.1 billion in November of 2015 from a HKD 52.2 billion deficit a year earlier, as exports fell at a slower pace than imports.
Monday December 21 2015
Hong Kong Inflation Rate Steady at 2.4%  
Consumer prices in Hong Kong went up 2.4 percent year-on-year in November of 2015, the same as in the previous month. Netting out the effects of all Government's one-off relief measures, the inflation rate was also 2.4 percent, slightly higher than 2.3 percent in October. This was mainly due to dissipation of the effect of a special fuel rebate in electricity.
Thursday December 17 2015
Hong Kong Jobless Rate Steady at 3.3%  
Hong Kong seasonally adjusted unemployment rate remained unchanged for the fifth consecutive time at 3.3 percent in the three months to November 2015, as widely expected, while the underemployment rate decreased to 1.3 percent from 1.4 percent in the precedent period. Unemployment fell slightly while total employment remained unchanged.
Thursday November 26 2015
Hong Kong Trade Deficit Narrows in October  
Hong Kong trade gap decreased by 38.5 percent to HKD 29.6 billion in October of 2015 from a HKD 49.8 billion deficit a year earlier, as exports fell at a slower pace than imports.
Monday November 23 2015
Hong Kong Inflation Rate Edges Up in October  
Hong Kong annual inflation rate increased to 2.4 percent in October of 2015 from 2.0 percent in the previous month, mainly due to dissipation of the special fuel rebate in electricity which was in effect throughout September 2015.
Tuesday November 17 2015
Hong Kong Jobless Rate Flat at 3.3%  
Hong Kong seasonally adjusted unemployment rate remained unchanged for the fourth consecutive period at 3.3 percent in the three months to October 2015, as widely expected, and the underemployment rate also remained unchanged at 1.4 percent. Both total employment and labour force grew modestly over a year earlier.
Friday November 13 2015
Hong Kong Economy Slows in Q3  
The Hong Kong GDP advanced 2.3 percent year-on-year in the third quarter of 2015, slowing from a 2.8 percent expansion in the previous period. It is the lowest performance since the second quarter of 2014, as household spending slowed while investment and exports shrank.
Friday November 13 2015
Hong Kong GDP Grows 0.9% in Q3  
The Hong Kong economy advanced a seasonally adjusted 0.9 percent quarter-on-quarter, after a 0.4 percent growth in the previous quarter and above market expectations of 0.4 percent increase.
Tuesday October 27 2015
Hong Kong Trade Deficit Narrows 28% in September  
Hong Kong trade gap decreased by 27.8 percent to HKD 36.4 billion in September of 2015 from a HKD 50.4 billion deficit a year earlier, as exports fell at a slower pace than imports.
Thursday October 22 2015
Hong Kong Inflation Eases to 2%  
Hong Kong annual inflation rate decreased to 2.0 percent in September of 2015 from 2.4 percent in the previous month, mainly because of the effect of upward adjustment in public housing rentals has expired and the special fuel rebate in electricity starting from mid-August was still in force. It is still the lowest value since July of 2012.
Monday October 19 2015
Hong Kong Unemployment Steady at 3.3%  
Hong Kong seasonally adjusted jobless rate remained unchanged at 3.3 percent for the third consecutive period in the three months to September of 2015. While unemployment went down at a slower pace than employment, the labour force participation rate fell by 0.2 p.p. to 61.4 percent.
Thursday September 24 2015
Hong Kong Trade Deficit Lowest Since January 2014  
Hong Kong trade gap decreased to HKD 25.1 billion in August of 2015 from a HKD 35.5 billion deficit a year earlier, the lowest since January of 2014. Imports fell more than exports but both shrank the most since February of 2013.
Monday September 21 2015
Hong Kong Inflation Rate at 3-Year Low  
Hong Kong annual inflation rate decreased to 2.4 percent in August of 2015 from 2.5 percent in the previous month, mainly due to the special fuel rebate in electricity starting from mid-August. It is the lowest value since July of 2012.
Thursday September 17 2015
Hong Kong Unemployment Rate at 3.3%  
Hong Kong seasonally adjusted jobless rate remained steady at 3.3 percent in the three months to August of 2015. Unemployment has been below 4 percent since 2011.
Tuesday August 25 2015
Hong Kong Trade Deficit Narrows in July  
Hong Kong trade gap decreased to HKD 28.4 billion in July of 2015 from a HKD 42.1 billion deficit a year earlier, as exports and imports fell.
Thursday August 20 2015
Hong Kong Inflation Rate Edges Down in July  
Hong Kong annual inflation rate decreased to 2.5 percent in July of 2015 from 3.1 percent in the previous month as the subsidy on electricity charge provided by the government expired.
Tuesday August 18 2015
Hong Kong Unemployment Rate Up to 3.3%  
Hong Kong seasonally adjusted unemployment rate edged up by 0.1 percentage point to 3.3 percent in May to July 2015, compared with previous period. The underemployment rate remained unchanged at 1.4 percent in the two periods.
Friday August 14 2015
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.
Friday August 14 2015
Hong Kong Economy Expands 2.8% in Q2  
Hong Kong GDP advanced 2.8 percent year-on-year in the second quarter of 2015, compared to a revised 2.4 percent expansion in the previous period. The growth was boosted by domestic demand and investment while external sector remained weak.
Monday July 27 2015
Hong Kong Trade Deficit Widens in June  
Hong Kong trade gap increased to HKD 45.78 billion in June of 2015 from a HKD 43.1 billion deficit a year earlier, as exports and imports fell.
Tuesday July 21 2015
Hong Kong Inflation Rate Edges Up in June  
Hong Kong annual inflation rate increased to 3.1 percent in June of 2015 from a 3 percent growth in the previous month, as cost of utilities and housing rose the most.
Monday July 20 2015
Hong Kong Unemployment Rate Unchanged at 3.2%  
Hong Kong seasonally adjusted unemployment rate was stable at 3.2 percent in April to June 2015, compared with previous period. While employment rose at a faster pace than unemployment, the labour force increased due to new fresh graduates.
Thursday June 25 2015
Hong Kong Trade Deficit Narrows in May  
Hong Kong trade gap decreased to HKD 40.11 billion in May of 2015 from a HKD 42.35 billion deficit a year earlier, as exports and imports fell.
Monday June 22 2015
Hong Kong Inflation Rate Edges Up in May  
Hong Kong annual inflation rate increased to 3 percent in May of 2015 from a 2.8 percent growth in the previous month, as cost of utilities and housing rose the most.
Thursday June 18 2015
Hong Kong Unemployment Rate Steady at 3.2%  
Hong Kong seasonally adjusted unemployment rate was stable at 3.2 percent in March to May 2015. While the number of unemployed persons was marginally unchanged, employment fell.
Thursday May 28 2015
Hong Kong Trade Deficit Narrows in April  
Hong Kong trade gap decreased to HKD 39.16 billion in April of 2015 from a HKD 55.29 billion deficit a year earlier, as exports rose and imports fell.
Thursday May 21 2015
Hong Kong Inflation Rate at Nearly 3-Year Low in April  
Hong Kong annual inflation rate fell to 2.8 percent in April of 2015 from 4.5 percent in the previous month, mainly affected by the Government's relief measure of rates concession for April to September 2015. It was the lowest since July of 2012.
Tuesday May 19 2015
Hong Kong Unemployment Rate Edges Down in April  
Hong Kong seasonally adjusted unemployment rate decreased to 3.2 percent in February to April 2015, after remaining unchanged at 3.3 percent for nine consecutive periods. Both total employment and labour force sustained year-on-year growth.
Friday May 15 2015
Hong Kong GDP Grows 0.4% in Q1  
The Hong Kong economy advanced a seasonally adjusted 0.4 percent on quarter in the first three months of 2015, after a downwardly revised 0.2 percent growth in the previous quarter. Public spending was the main driver of growth while private consumption slowed and exports of goods contracted.
Friday May 15 2015
Hong Kong Economy Slows in Q1  
Hong Kong GDP advanced 2.1 percent year-on-year in the first quarter of 2015, compared to a revised 2.4 percent expansion in the previous quarter. Although external demand remains subdued, domestic demand continues to be the main driver of growth.
Tuesday April 28 2015
Hong Kong Trade Deficit Narrows in March  
Hong Kong trade gap decreased to HKD 46.21 billion in March of 2015 from a HKD 53.67 billion deficit a year earlier, as both exports and imports fell.
Thursday April 23 2015
Hong Kong Unemployment Rate Stays at 3.3%  
Hong Kong seasonally adjusted unemployment rate remained steady at 3.3 percent for the ninth consecutive period in January to March 2015.
Tuesday April 21 2015
Hong Kong Inflation Rate Edges Down in March  
Hong Kong annual inflation rate slightly decreased to 4.5 percent in March of 2015 from 4.6 percent in the previous month, mainly due to a decline in prices of durable goods.
Thursday March 26 2015
Hong Kong Trade Deficit Narrows in February  
Hong Kong trade gap decreased to HKD 35.88 billion in February of 2015 from a HKD 53.67 billion shortfall a year earlier, boosted by a rise in exports.
Friday March 20 2015
Hong Kong Inflation Rate Rises in February  
Hong Kong annual inflation rate increased to 4.6 percent in February from 4.1 percent in the previous month due to higher housing, food and utilities cost.
Tuesday March 17 2015
Hong Kong Unemployment Rate Steady in February  
Hong Kong seasonally adjusted jobless rate remained unchanged at 3.3 percent for the eighth consecutive period in December 2014 to February 2015. The rise in employment was enough to offset an increase in the number of unemployed.
Thursday February 26 2015
Hong Kong Trade Deficit Widens in January  
Hong Kong trade gap increased to HKD 37 billion in the first month of 2015 from a 19.9 billion shortfall a year earlier, due to a surge in imports from Japan, Taiwan, South Korea, Thailand, Singapore and China. Yet, the Chinese New Year fell in mid-February this year but in late January last year.
Wednesday February 25 2015
Hong Kong GDP Expands 0.4% in Q4  
The Hong Kong economy advanced a seasonally adjusted 0.4 percent on quarter in the last three months of 2014, the weakest growth rate in nearly 3 years. Exports contracted, weighting down on growth while private and public spending slowed.
Wednesday February 25 2015
Hong Kong Economy Slows in Q4  
Hong Kong GDP advanced 2.2 percent year-on-year in the fourth quarter of 2014, compared to a 2.7 percent expansion from July to September as a rebound in investment was unable to offset a slowdown in private and government consumption and lower exports.
Monday February 23 2015
Hong Kong Inflation Rate Slows to 4.1%  
Hong Kong annual inflation rate eased for the fourth straight month to 4.1 percent in January of 2015 from 4.9 percent in the previous month. Although cost of durable goods and clothing and footwear decreased, the difference in timing of the Lunar New Year, which fell in mid-February this year, but in late January last year also accounted for the slowdown.
Tuesday February 17 2015
Hong Kong Unemployment Rate Unchanged at 3.3%  
Hong Kong seasonally adjusted jobless rate remained steady at 3.3 percent for the seventh consecutive period in November 2014 to January 2015. Both employment and labour force grew modestly while unemployment decreased.
Tuesday January 27 2015
Hong Kong Trade Deficit at Record High  
Hong Kong recorded a HKD 59.3 billion gap in December of 2014, the highest on record and compared with a HKD 54.3 billion deficit a year earlier. Exports rose a meager 0.6 percent hurt by lower demand from the Asian countries while imports increased 1.9 percent.
Thursday January 22 2015
Hong Kong Inflation Rate Eases to 4.9%  
Hong Kong annual inflation rate edged down to 4.9 percent in December of 2014 from 5.1 percent in November, mainly due to decline in prices of clothing and footwear, durable goods and motor fuel.
Monday January 19 2015
Hong Kong Jobless Rate Stable at 3.3%  
Hong Kong seasonally adjusted unemployment rate remained steady at 3.3 percent for the sixth straight period in October to December 2014. Both total employment and the labor force kept growing moderately over a year earlier.
Monday December 29 2014
Hong Kong Trade Deficit at 7-Month High  
Hong Kong trade gap widened to HKD 52.16 billion in November of 2014 from a HKD 44.58 billion shortfall a year earlier, as exports posted the lowest gain in seven months.
Tuesday December 23 2014
Hong Kong Inflation Rate Slows Slightly  
Hong Kong annual inflation rate eased to 5.1 percent in November of 2014 from 5.2 percent in October, due to a fall in cost of durable goods and clothing and footwear.
Thursday December 18 2014
Hong Kong Unemployment Rate at 3.3%  
Hong Kong seasonally adjusted jobless rate remained steady at 3.3 percent for the fifth straight period in September to November 2014. While employment was marginally unchanged, the labor force decreased.
Tuesday November 25 2014
Hong Kong Trade Deficit Widens in October  
Hong Kong trade gap increased to HKD 49.8 billion in October of 2014 from HKD 38.05 billion a year earlier, as imports rose faster than exports.
Thursday November 20 2014
Hong Kong Inflation Rate Eases to 5.2%  
Hong Kong’s annual inflation slowed to 5.2 percent in October of 2014 from a 14-month high of 6.6 percent in September.
Monday November 17 2014
Hong Kong Unemployment Rate Stable at 3.3%  
Hong Kong seasonally adjusted jobless rate was recorded at 3.3 percent for the fourth consecutive period in August to October 2014. The underemployment rate was also steady at 1.5 percent.
Friday November 14 2014
Hong Kong GDP Growth at 3-1/2-Year High  
Hong Kong's economy advanced a seasonally adjusted 1.7 percent in the third quarter of 2014, rebounding from a 0.1 contraction in the previous period. It is the highest growth rate since the first three months of 2011, boosted by private consumption and exports.
Friday November 14 2014
Hong Kong Economy Accelerates in Q3  
Hong Kong GDP advanced 2.7 percent year-on-year in the third quarter of 2014, compared to a 1.8 percent expansion from April to June. A rise in private and public consumption was enough to offset falling investment and lower exports.
Monday October 27 2014
Hong Kong Trade Deficit Widens 20% in September  
Hong Kong trade gap increased to HKD 50.4 billion in September of 2014 from HKD 42 billion a year earlier. It is the highest shortfall in five months as exports grew at a slower pace and imports surged.
Tuesday October 21 2014
Hong Kong Inflation Rate At 14-Month High  
Hong Kong’s annual inflation rate rose by 6.6 percent in September 2014 from 3.9 percent in August mainly due to the low base of comparison resulted from the Government’s payment of public housing rentals in September last year.
Monday October 20 2014
Hong Kong Unemployment Rate Unchanged in September  
Hong Kong's seasonally adjusted jobless rate remained stable at 3.3 percent for the third consecutive period in July - September 2014. Yet, the latest figures had not reflected the disruptions to economic activities caused by the recent 'Occupy Central' movement on many industries such as retail, catering and inbound tourism.
Thursday September 25 2014
Hong Kong Trade Deficit Narrows in August  
Hong Kong trade gap decreased to HKD 31.5 billion in August of 2014 from HKD 39.57 billion a year earlier, as merchandise exports continued to expand solidly, supported by further growth across most major markets.
Monday September 22 2014
Hong Kong Inflation Rate Slows Slightly  
Hong Kong annual inflation rate eased to 3.9 percent in August of 2014 from 4 percent in July due to lower rental cost pressures and a modest rise in import prices.
Thursday September 18 2014
Hong Kong Unemployment Rate Steady at 3.3%  
Hong Kong's seasonally adjusted jobless rate remained unchanged at 3.3 percent in June to August 2014. The underemployment rate decreased to 1.4 percent in June - August 2014 from 1.5 percent in May - July 2014.
Monday August 25 2014
Hong Kong Trade Deficit Widens in July  
Hong Kong trade deficit increased to HKD 42.1 billion in July of 2014 from a HKD 37.1 billion gap a year earlier. Although exports grew solidly further in July, following a double-digit surge in June, imports increased at a faster pace.
Thursday August 21 2014
Hong Kong Inflation Rate Edges Up in July  
Hong Kong’s annual inflation rate accelerated to 4 percent in July of 2014 from 3.6 percent in June. It is the highest rate since January, driven by higher utilities cost, as some households had used up the full amount of the Government's one-off electricity charge subsidy.
Monday August 18 2014
Hong Kong Unemployment Rate Rises in July  
Hong Kong’s seasonally adjusted jobless rate edged up for the second straight time by 0.1 percentage point to 3.3 percent in May to July 2014. Although total employment rose to an all-time high of 3 771 100, the increase in labour force was even more.
Friday August 15 2014
Hong Kong Economy Slows in Q2  
Hong Kong GDP expanded 1.8 percent year-on-year in the second quarter of 2014, from 2.6 percent in the first three months of 2014, marking the slowest growth since the third quarter of 2012.
Friday August 15 2014
Hong Kong Economy Shrinks 0.1% in Q2  
Hong Kong's GDP contracted a seasonally adjusted 0.1 percent in the second quarter as tourist spending declinedl and domestic demand continued to slow down.
Thursday July 24 2014
Hong Kong Trade Deficit Almost Unchanged in June  
Hong Kong trade gap increased slightly to HKD 43.1 billion in June of 2014, from HKD 42.4 billion in the previous month. Compared with a year earlier, the trade deficit decreased by 13.2 percent, as exports for the major markets strengthened.
Monday July 21 2014
Hong Kong Inflation Rate Slows in June  
The annual inflation rate in Hong Kong edged down to 3.6 percent in June of 2014, the lowest rate in nearly one year and a half, due to a moderated rise in cost of private housing rentals.
Thursday July 17 2014
Hong Kong Unemployment Rate Up to 3.2%  
Hong Kong seasonally adjusted jobless rate edged up by 0.1 percentage point to 3.2 percent in April to June 2014, after remaining unchanged at 3.1 percent for five consecutive months. However, employment sustained mild year-on-year growth and stayed close to its historical high.
Thursday June 26 2014
Hong Kong Trade Deficit Narrows in May  
Hong Kong trade gap decreased to HKD 42.4 billion in May of 2014 from HKD 44.3 billion a year earlier, as exports grew at a faster pace than imports, driven by higher demand from the Asian countries and the United States.
Monday June 23 2014
Hong Kong Inflation Rate Steady in May  
The annual inflation rate in Hong Kong was recorded at 3.7 percent in May of 2014, unchanged from the previous month. This is the lowest rate since December of 2013. Netting out the effects of all Government's one-off relief measures, the yoy inflation rate was 3.5 percent in May of 2014, unchanged from April.
Tuesday June 17 2014
Hong Kong Unemployment Rate Unchanged in May  
Hong Kong seasonally adjusted jobless rate was 3.1 percent for the fifth consecutive period in March to May of 2014, the lowest rate in sixteen years. Total employment was near the record high, reflecting the persistent tightness in the labor market.
Tuesday May 27 2014
Hong Kong Trade Deficit Widens in April  
Honk Kong trade gap increased 29.5 percent over a year earlier to HKD 55.3 billion in April of 2014, driven a fall in exports to China and lower demand from the advanced markets, due to the different timing of Easter holidays in 2013 and 2014.
Thursday May 22 2014
Hong Kong Inflation Rate Slows in April  
Hong Kong’s annual inflation rate eased to 3.7 percent in April of 2014 from 3.9 percent in the previous two months. It is the lowest rate in thirteen months, as rental cost rose at a slower pace and prices of fresh vegetables decreased.
Monday May 19 2014
Hong Kong Unemployment Rate Steady at 3.1%  
Hong Kong seasonally adjusted jobless rate was unchanged at 3.1 percent in February to April of 2014, remaining at a 16-year low for the fourth consecutive month.
Friday May 16 2014
Hong Kong GDP Expands 0.2% QoQ in Q1  
In the first three months of 2014, Hong Kong’s economy advanced a meager 0.2 percent quarter-on-quarter. It is the slowest expansion in two years, mainly due to a fall in exports and a slowdown in private consumption.
Friday May 16 2014
Hong Kong Economy Decelerates in Q1  
Hong Kong GDP advanced 2.5 percent year-on-year in the first three months of 2014, slower than a revised 2.9 percent expansion in the preceding quarter, as exports to major advanced markets slackened sharply at the start of the year.
Monday April 28 2014
Hong Kong Trade Deficit Narrows Slightly in March  
The trade deficit decreased to HKD 50.40 billion in March of 2014 from HKD 53.67 billion in the previous month. Compared with a year earlier, the trade gap increased by 2.6 percent, as exports grew below expectations.
Tuesday April 22 2014
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Tuesday April 22 2014
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
Tuesday March 25 2014
Hong Kong Trade Deficit Widens 58% YoY in February  
Hong Kong’s trade deficit increased sharply to HKD 53.7 billion in February of 2014 as exports fell by an annual 1.3 percent. Yet, taking January and February as a whole to neutralize the distortion caused by the difference in timing of the Lunar New Year holidays, export performance in the first two months of 2014 was rather sluggish.
Thursday March 20 2014
Hong Kong Inflation Rate Slows to 9-Month Low  
In February of 2014, Hong Kong’s inflation rate eased to 3.9 percent, down from 4.6 percent in the previous month. The smaller increase was mainly due to the difference in the timing of the Lunar New Year, which fell in late January and early February this year but in mid-February last year, resulting in smaller increase in prices for package tours and meals bought away from home. Cost of private housing rentals also slowed.
Monday March 17 2014
Hong Kong Unemployment Rate Stable at 3.1%  
In the period December of 2013 - February of 2014, Hong Kong jobless rate remained unchanged at a 16-year low 3.1 percent. Total employment declined from its historic high, as business activities returned to a more normal level after its peak in Lunar New Year.
Wednesday February 26 2014
Hong Kong Economy Advances 1.1% QoQ in Q4  
In the fourth quarter of 2013, Hong Kong’s GDP expanded at its fastest pace in the last four quarters at 1.1 percent on a quarter-on-quarter seasonally adjusted basis
Wednesday February 26 2014
Hong Kong GDP Growth Accelerates in Q4  
In the fourth quarter of 2013, Hong Kong's economy expanded at a faster 3 percent over a year earlier, up from a downward revised 2.8 percent in the previous three-month period. In 2014, the economy is expected to grow between 3 to 4 percent, better than a 2.9 percent expansion in 2013.
Tuesday February 25 2014
Hong Kong Trade Deficit Narrows Sharply in January  
In January of 2014, Hong Kong’s trade deficit decreased 63 percent over a month earlier to HKD 19.8 billion, due to a fall in imports. A year earlier the trade deficit reached HKD 27.5 billion, as the Chinese New Year fell in late January and early February in 2014 but in mid-February in 2013.
Friday February 21 2014
Hong Kong Inflation Rate Accelerates in January  
In January of 2014, Hong Kong’s annual inflation rate rose 4.6 percent, the highest rate in the last four months, due mainly to the difference in timing of the Lunar New Year, which fell in late January and early February this year, but in mid-February last year.
Tuesday February 18 2014
Hong Kong Unemployment Rate Edges Down in January  
The seasonally adjusted unemployment rate decreased from 3.2 percent in October - December 2013 to 3.1 percent in November 2013 - January 2014. It is the lowest jobless rate in almost 16 years, as total employment hit a fresh new high due to the Lunar New Year, while the number of unemployed persons declined for the fifth consecutive month.
Monday January 27 2014
Hong Kong Trade Deficit Widens in December  
In December of 2013, Hong Kong trade deficit increased to HKD 54.4 billion, as exports were unchanged from a year earlier and imports rose 1.8 percent. For 2013 as a whole, a visible trade deficit of HKD 501.0 billion, equivalent to 12.3 percent of the value of imports of goods was recorded.
Tuesday January 21 2014
Hong Kong Inflation Rate Unchanged in December  
In December of 2013, Hong Kong annual inflation rate remained unchanged at 4.3 percent for the second straight month. Netting out the effects of all Government's one-off relief measures, the underlying inflation rate was 3.9 percent, slightly lower than 4 percent in November, mainly due to small price increases of fresh vegetables.
Monday January 20 2014
Hong Kong Unemployment Rate Falls to 16-Month Low  
In December of 2013, Hong Kong’s jobless rate fell to 3.2 percent, the lowest rate since August of 2012. For 2013 as a whole, both the labor force and total employment expanded at a provisional 2.3 percent and unemployment held steady at 3.3 percent.
Monday December 30 2013
Hong Kong Trade Deficit Widens Slightly in November  
In November, Hong Kong trade deficit widened slightly to 44.6 billion HKD from 44.1 billion a year earlier. Exports increased by 5.8 percent on an annual basis driven by higher sales to Asia and the US.
Monday December 23 2013
Hong Kong Inflation Rate Steady at 4.3% in November  
In November of 2013, Hong Kong's annual inflation rate remained stable at 4.3 percent, in line with market expectations. The core inflation rate which excludes the effect of government's one-off relief measures, rose at a steady pace of 4 percent.
Tuesday December 17 2013
Hong Kong Unemployment Rate Steady at 3.3%  
In November of 2013, Hong Kong's jobless rate remained unchanged at 3.3 percent, the same rate recorded in the last five months. Total employment rose 2.4 percent over a year earlier by 86 500 and the jobless rate can be expected to stay at a relatively low level in the near term due to the business activity in the run-up to Christmas and the New Year.
Tuesday November 26 2013
Hong Kong Trade Deficit Narrows in October  
In October of 2013, Hong Kong trade deficit narrowed for the second consecutive month to 38.1 billion HKD, from 42.6 billion HKD a year earlier. Total exports rose by an annual 8.8 percent helped by a low base of comparison. Sales to major Asian markets and the EU recorded growth, offsetting a further decline in the US market.
Thursday November 21 2013
Hong Kong Inflation Rate Down to 4.3% in October  
In October of 2013, Hong Kong's annual inflation rate eased to 4.3 percent, from 4.6 percent in September, mainly due to lower prices of fresh vegetables.
Monday November 18 2013
Hong Kong Unemployment Rate at 3.3% in October  
In October of 2013, Hong Kong’s jobless rate remained stable at 3.3 percent for the fifth straight month, on the back of resilient domestic demand. Although total employment went down, it still registered a year-on-year growth rate of 2.6 percent.
Friday November 15 2013
Hong Kong Economy Advances 0.5% QoQ in Q3  
In the third quarter of 2013, Hong Kong quarter-on-quarter GDP growth slowed to a seasonally adjusted 0.5 percent, from 0.7 percent in the second quarter, hurt by a drop in private consumption and exports of services.
Friday November 15 2013
Hong Kong Q3 GDP Growth Slows to 2.9% YoY  
In the third quarter of 2013, Hong Kong’s economy advanced 2.9 percent over a year earlier, from 3.2 percent in the previous quarter, weighed down by a slowdown in private consumption and investment.
Thursday October 24 2013
Hong Kong Trade Deficit Narrows in September On Rising Exports  
In September of 2013, Hong Kong trade deficit reached 42 billion HKD, from 39.6 billion HKD in the previous month and 45 billion HKD a year earlier. Total exports recorded an annual 1.5 percent increase due to re-exports and higher sales to the Asian countries.
Monday October 21 2013
Hong Kong Inflation Rate Up to 4.6% In September  
In September of 2013, Hong Kong's annual inflation rate rose 4.6 percent, slightly up from 4.5 percent recorded in August, mainly due to higher cost of fresh vegetables caused by the typhoon. Netting out the effects of all Government's one-off relief measures, the year-on-year inflation rate was 4.2 percent, lower than that in August (4.3 percent), as the upward adjustment of public housing rentals by the Housing Authority in September of 2012 faded out.
Thursday October 17 2013
Hong Kong Unemployment Rate Stable at 3.3% In September  
In September of 2013, seasonally adjusted jobless rate remained steady at 3.3 percent for the fourth consecutive month. Total employment sustained a year-on-year growth at 2.7 percent, meaning continuous full employment and translating into a cumulative increase of 100 000 jobs over the past year.
Thursday September 26 2013
Hong Kong Trade Deficit Widens in August  
In August of 2013, Hong Kong posted a trade deficit of HKD 39.6 billion, up from HKD 37.2 billion in July and HKD 36 billion a year earlier, as exports shrank after rebounding in the previous month. Sales to the US and Japan fell, while those to Europe improved and those to other Asian markets showed a mixed performance.
Monday September 23 2013
Hong Kong Inflation Rate Down to 4.5% in August  
In August of 2013, Hong Kong's annual inflation rate rose 4.5 percent over the same month a year earlier, smaller than the 6.9 percent increase in July. The larger increase in July was attributable to the low base of comparison arising from the Government's payment of public housing rentals in July of 2012, and such effect did not come into play in August of 2013.
Tuesday September 17 2013
Hong Kong’s Unemployment Rate Unchanged at 3.3% in August  
In August of 2013, seasonally adjusted jobless rate remained steady at 3.3 percent for the third consecutive month. Total employment grew further to another record high and was able to absorb about half of the additional labour supply.
Tuesday August 27 2013
Hong Kong Trade Deficit Narrows in July  
In July of 2013, Hong Kong posted a trade deficit of HKD 37.2 billion, down from HKD 49.7 billion in June and HKD 40.1 billion a year earlier, as exports to China and other Asian countries grew notably.
Tuesday August 20 2013
Hong Kong Inflation Rate Jumps to 6.9% in July  
In July of 2013, Hong Kong annual inflation rate increased to 6.9 percent, from 4.1 percent recorded in June, and 1.6 percent in the same month last year, due to the low base of comparison resulted from the Government's payment of public housing rentals in July of 2012.
Monday August 19 2013
Hong Kong Unemployment Steady at 3.3% in July  
In July of 2013, the seasonally adjusted unemployment rate stood at 3.3 percent, the same as that in June. Total employment grew steadily further to another record high and was able to absorb about two-thirds of the additional labour supply.
Friday August 16 2013
Hong Kong GDP Growth Up to 0.8% QoQ in Q2  
On a seasonally adjusted quarter-to-quarter comparison basis, the GDP expanded 0.8 percent in the second quarter of 2013, up from 0.2 percent growth in the first three months of 2013, boosted by higher government spending and exports of services.
Friday August 16 2013
Hong Kong GDP Growth Accelerates to 3.3% YoY in Q2  
In the second quarter of 2013, Hong Kong GDP expanded 3.3 percent over a year earlier, the fastest pace in seven quarters. Improvements in public investment and consumption were enough to offset a slowdown on exports and private consumption.
Tuesday August 20 2013
Hong Kong Economic Outlook Remains Weak  
Recent data updates for Hong Kong are pointing to feeble expansion in the months ahead. While exports continue to suffer from weak global demand, recent decline in consumer confidence suggest that private consumption may slow even further.
Thursday July 25 2013
Hong Kong Trade Deficit Widens in June  
In June of 2013, Hong Kong posted a visible trade deficit of HKD 49.7 billion, up from HKD 44.3 billion in May and HKD 44.71 billion a year ago, as imports increased while exports remained sluggish.
Monday July 22 2013
Hong Kong Inflation Rate Up to 4.1% in June  
In June of 2013, Hong Kong annual inflation rate edged up to 4.1 percent, up from 3.9 percent in May, mainly due to the enlarged increases in the prices of fresh vegetables as well as private housing rentals.
Thursday July 18 2013
Hong Kong Unemployment Rate Down to 3.3% in June  
The seasonally adjusted unemployment rate decreased to 3.3 percent in the three-months-to-June, from 3.4 percent at the end of May, as labor demand stayed firm and total employment inched up. The underemployment rate remained unchanged at 1.6 percent in the two periods.
Tuesday June 25 2013
Hong Kong Trade Deficit Widens in May on Falling Exports  
In Hong Kong, the value of merchandise exports relapsed to a modest year-on-year decline in May of 2013, amid sustained weakness in the advanced markets as well as mixed performance across many major Asian markets. A visible trade deficit of HKD 44.3 billion, equivalent to 13.2 percent of the value of imports, was recorded in May, up from HKD 42.6 billion in April and and HKD 35.5 billion a year ago.
Thursday June 20 2013
Hong Kong Inflation Rate Slows to 3.9% in May  
In May of 2013, Hong Kong annual inflation rate decelerated to 3.9 percent from 4 percent recorded in the previous month, mainly due to slower pace of increase in prices of fresh vegetables.
Tuesday June 18 2013
Hong Kong Unemployment Rate Down to 3.4% in May  
The seasonally adjusted unemployment rate edged down to 3.4 percent in the three-months-to-May, from 3.5 percent at the end of April, as labour demand stayed firm and total employment inched up. The underemployment rate remained unchanged at 1.6 percent in the two periods.
Monday July 22 2013
Hong Kong Economy is Set for Stronger Growth  
In the last few quarters, Hong Kong GDP grew well below its potential level as investment shrank and government expenditure slowed. Yet, recent improvements in business and consumer confidence are pointing to stronger expansion in the months ahead.
Monday May 27 2013
Hong Kong Trade Deficit Narrows in April  
In April of 2013, the values of Hong Kong's total exports and imports of goods both showed year-on-year increases, though slightly decelerated from that in March. Exports to many Asian economies grew further, yet those to the major advanced economies in the US, Europe and Japan were still distinctly weak. A visible trade deficit of $42.7 billion, equivalent to 12.8 percent of the value of imports of goods, was recorded in April of 2013.
Tuesday May 21 2013
Hong Kong Inflation Rate Up to 4% in April  
In April of 2013, the year-on-year inflation rate slightly increased to 4 percent from 3.6 percent recorded in the previous month, boosted by higher prices of fresh vegetables.
Monday May 20 2013
Hong Kong Unemployment Rate Steady at 3.5% in April  
The seasonally adjusted unemployment rate stood at 3.5 percent in February - April 2013, same as that in January - March 2013. The underemployment rate also remained unchanged at 1.6 percent in the two periods.
Tuesday May 28 2013
Hong Kong Economy is Recovering Modestly  
Recent updates for Hong Kong show that the economy is recovering, but at a slower pace. In the first quarter of 2013, the GDP grew by 2.8 percent yoy and 0.2 percent qoq, well below its potential level. The expansion was mainly boosted by private consumption and exports supported by stronger demand from the mainland China and other Asian countries.
Friday May 10 2013
Hong Kong GDP Expands 0.2% QoQ in Q1 2013  
On a seasonally adjusted quarter-to-quarter comparison basis, GDP increased by 0.2 percent in real terms in the first quarter of 2013, down from 1.4 percent in the last three months of 2012. Private consumption accelerated, exports slowed and government spending actually contracted.
Friday May 10 2013
Hong Kong GDP Expands 2.8% YoY in Q1 2013  
In the first quarter of 2013, the GDP increased by 2.8 percent in real terms over a year earlier, virtually the same rate as that in the fourth quarter of 2012. Private consumption and exports were the main drivers of the expansion.
Friday May 03 2013
Hong Kong Economy Shows Signs of Recovery  
Recent updates for Hong Kong show the economy is modestly recovering. After meager performance in the first nine months of 2012, in the fourth quarter of 2012, the GDP expanded better than expected 2.5 percent year-over-year and 1.2 percent quarter-over-quarter.
Thursday April 25 2013
Hong Kong Exports Up in March  
In March of 2013, the value of total exports of goods (comprising re-exports and domestic exports) increased by 11.2% over a year earlier to $291.7 billion, after a year-on-year decrease of 16.9% in February of 2013. The value of imports of goods increased by 11.3% over a year earlier to $340.9 billion in March 2013, after a year-on-year decrease of 18.3% in February of 2013. A visible trade deficit of $49.1 billion, equivalent to 14.4% of the value of imports of goods, was recorded in March of 2013.
Monday April 22 2013
Hong Kong Inflation Rate Down to 3.6% in March  
In March of 2013, the year-on-year headline inflation rate slowed to 3.6 percent from 4.4 percent recorded in the previous month, mainly due to a decline in prices for durable goods.
Thursday April 18 2013
Hong Kong Unemployment Rate Up to 3.5% in March  
According to the latest labour force statistics (provisional figures for January - March 2013) released by the Census and Statistics Department, the seasonally adjusted unemployment rate increased from 3.4% in December 2012 - February 2013 to 3.5% in January - March 2013. The underemployment rate also increased from 1.5% in December 2012 - February 2013 to 1.6% in January - March 2013.
Tuesday March 26 2013
Hong Kong Trade Deficit Narrows in February From a Year Earlier  
In February of 2013, Hong Kong recorded a Trade Deficit of HKD 34 billion, as the values of total exports and imports of goods both recorded year-on-year decreases, at 16.9 percent and 18.3 percent respectively.
Thursday March 21 2013
Hong Kong Inflation Rate Up to 4.4 Percent in February  
In February of 2013, the Composite CPI registered year-on-year rate of increase of 4.4 percent. The larger increase was mainly attributable to the increase in the charges for package tours, the costs for meals bought away from home, the prices of poultry and other fresh sea products around the Lunar New Year holidays, which occurred in the February this year but in January last year.
Wednesday April 17 2013
Hong Kong Unemployment Rate Unchanged in February  
According to the latest labour force statistics (provisional figures for December 2012 - February 2013) released by the Census and Statistics Department, the seasonally adjusted unemployment rate stood at 3.4 percent in December 2012 - February 2013, same as that in November 2012 - January 2013. The underemployment rate decreased from 1.6 percent in November 2012 - January 2013 to 1.5 percent in December 2012 - February 2013.
Wednesday February 27 2013
Hong Kong GDP Expands 1.2% in Q4  
In the fourth quarter of 2012, Hong Kong GDP increased by 1.2 percent over the previous quarter. The main contributors to the growth were private and government spending and exports.
Wednesday February 27 2013
Hong Kong GDP Growth Accelerates In Q4  
In the fourth quarter of 2012, Hong Kong GDP expanded by 2.5 percent over a year earlier, compared with the 1.4 percent increase in the third quarter of 2012. The main contributors to the growth were private and government spending and exports.
Monday February 25 2013
Hong Kong Trade Deficit Widens in January From a Year Earlier  
In January 2013, the values of Hong Kong's total exports and imports of goods both recorded year-on-year increases, at 17.6 percent and 23.9 percent respectively. The value of total exports of goods increased by 17.6 percent over a year earlier to $304.8 billion, after a year-on-year increase of 14.4 percent in December 2012. The value of re-exports increased by 17.5 percent to $300.3 billion, while the value of domestic exports increased by 21.7 percent to $4.5 billion.
Friday February 22 2013
Hong Kong Inflation Rate Down to 3 Percent in January  
According to the Composite CPI, overall consumer prices rose by 3.0 percent in January 2013 over the same month a year earlier, smaller than the corresponding increase (3.7 percent) in December 2012. The smaller increase in January this year was mainly affected by the higher prices in January last year around the Lunar New Year which led to a higher base of comparison.
Monday January 21 2013
Hong Kong Inflation Rate Unchanged in December  
In Hong Kong, overall consumer prices rose by 3.7% in December of 2012 over the same month a year earlier, same as that in November 2012
Thursday December 27 2012
Hong Kong's Trade Deficit Widens in November  
The Census and Statistics Department released on December 27 the external merchandise trade statistics for November 2012. In November 2012, the values of Hong Kong's total exports and imports of goods both showed year-on-year increases, at 10.5 percent and 9.0 percent respectively. A visible trade deficit of $44.1 billion was posted in November, an increase from $42.7 in October.
Thursday December 20 2012
Hong Kong Inflation Rate Down to 3.70 Percent in November  
The Census and Statistics Department released on December 20 the Consumer Price Index (CPI) figures for November 2012. According to the Composite CPI, overall consumer prices rose by 3.7 percent in November 2012 over the same month a year earlier, slightly smaller than the corresponding increase (3.8 percent) in October 2012.
Tuesday December 18 2012
Hong Kong Unemployment Rate Stable At 3.40 Percent In November  
According to the latest labour force statistics released on December 18 by the Census and Statistics Department, the seasonally adjusted unemployment rate stood at 3.4 percent in November 2012, same as that in October 2012. The underemployment rate decreased from 1.5 percent in October 2012 to 1.4 percent in November 2012.
Friday December 14 2012
Hong Kong Inflation Rate Stable at 3.80 Percent in October  
The Census and Statistics Department released on November 22 the Consumer Price Index (CPI) figures for October 2012. According to the Composite CPI, overall consumer prices rose by 3.8 percent in October 2012 over the same month a year earlier, same as that in September 2012.
Friday December 14 2012
Hong Kong's Trade Deficit Narrows in October  
Hong Kong's visible trade deficit stood at $42.7 billion in October 2012, as exports decreased to $297 billion and imports swelled to $339.7 billion.
Friday December 14 2012
Hong Kong Unemployment Rate Up to 3.40 Percent in October  
Comparing October 2012 with September 2012, increases in the unemployment rate (not seasonally adjusted) were mainly observed in the accommodation services, transportation and construction sectors. As to the underemployment rate, decreases were mainly seen in the construction and wholesale sectors.
Friday December 14 2012
Hong Kong GDP Expands by 0.60 Percent in Q3  
According to preliminary data on the GDP released on November 16 by the Census and Statistics Department, real GDP grew modestly by 1.3 percent in the third quarter of 2012 over a year earlier. On a seasonally adjusted quarter-to-quarter comparison, real GDP resumed growth at 0.6 percent in the third quarter.
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