Hong Kong's current account surplus decreased in the three months ended September, mainly due to the reduced goods and services balance, figures from the Census and Statistics Department showed Tuesday.
The current account surplus fell to HK$45.6 billion in the third quarter from HK$50.2 billion in the corresponding month last year. In the second quarter, the surplus was HK$14.8 billion.
The deficit on goods trade widened to HK$11.8 billion in the September quarter from HK$6.3 billion a year ago. At the same time, the services trade surplus dropped to HK$47.2 billion from HK$57.4 billion.
The capital account balance showed a deficit of HK$ 48 million in November versus a shortfall of HK$80 million last year. The financial account deficit widened notably to HK$75.8 billion from HK$28.1 billion.
However, overall balance of payments turned to a deficit of HK$2.0 billion in November from a surplus of HK$71.5 billion in the same month of 2015.
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