Hong Kong's economy grew 3.3 percent in Q2 - RTHK
A A A
Temperature Humidity
News Archive Can search within past 12 months

Hong Kong's economy grew 3.3 percent in Q2

2024-08-16 HKT 17:12
Share this story facebook
Hong Kong's economy grew 3.3 percent in the three-month period ending in June, according to revised figures released by the government on Friday.

The growth followed a 2.8 percent increase in GDP in the first quarter.

At a press briefing, government economist Adolph Leung said he expects the economy to continue to expand, driven by strong export demand.

“The economy should continue to grow in the remainder of the year. Exports of goods should sustain a positive performance if external demand holds up, though trade conflicts would present risks,” he said.

Officials kept this year's projected economic growth unchanged at 2.5 to 3.5 percent.

It downgraded the projected inflation rate from 1.7 percent to 1.3 percent for the year.

Hong Kong's economy grew 3.3 percent in Q2