The Hong Kong economy grew at a slower pace in the third quarter due to the base effect and the stronger-than-expected economic performance in the first half of the year.
Gross domestic product grew 5.4 percent year-on-year, slower than the 7.6 percent expansion in the second quarter, the advance estimates from the Census and Statistics Department showed on Monday. This was also weaker than the economists' forecast of 5.8 percent.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.