Hong Kong economic growth misses forecast in third quarter: data

Hong Kong economic growth misses forecast in third quarter: data …C0NTINUE READING HERE >>>

Hong Kong’s economic recovery after the pandemic has largely mirrored China’s trajectory, which saw slowing growth over the past year.
Photo: Mladen ANTONOV / AFP
Source: AFP

Hong Kong’s economic growth in the third quarter missed analyst estimates as private consumption weakened, according to government figures released Thursday.

Real gross domestic product (GDP) between July and September grew by 1.8 percent year-on-year, well down from a forecast of 3.1 percent growth from…

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