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.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com