Hong Kong's foreign trade deficit increased sharply in December from last year, as exports fell faster than imports amid a challenging external environment and disruptions to cross-boundary land transportation, data from the Census and Statistics Department showed on Thursday.
The visible trade deficit rose to HK$51.646 billion from HK$32.753 billion in the same month last year. This was also much bigger than November's shortfall of HK$27.089 billion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.