Despite the fourth wave of the coronavirus epidemic, Hong Kong's economic contraction slowed in the fourth quarter driven by the improvement in domestic and external demand, the Census and Statistics Department said Friday.
Gross domestic product fell 3 percent year-on-year in the fourth quarter, but slower than the 3.6 percent decline in the third quarter.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
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.