Hong Kong's economic growth accelerated in the third quarter on robust domestic demand, data from the Census and Statistics Department showed Friday.
Gross domestic product expanded 1.9 percent in the third quarter from prior year, faster than the 1.7 percent growth registered in the second quarter.
Quarter-on-quarter, GDP grew 0.6 percent, but slower than the preceding quarter's 1.5 percent expansion.
The actual GDP growth outturn of 1.4 percent in the first three quarters broadly matched the government's earlier expectation. The real GDP growth for 2016 as a whole was forecast at 1.5 percent, the mid-point of the range forecast of 1-2 percent announced in the August round, the agency said.
The underlying inflation forecast for 2016 was revised down to 2.3 percent from 2.2 percent and headline inflation was forecast to be 2.4 percent versus 2.3 percent projected in August.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.