Economic Indicators

Hong Kong Q3 GDP expands 1.8% y/y, slower than forecast

2024.10.31 04:57

© Reuters. People walk at the Ladies' Market, a popular tourist attraction, in Mongkok, Hong Kong, China April 23, 2024. REUTERS/Tyrone Siu/ File Photo

HONG KONG (Reuters) – Hong Kong’s economy grew 1.8% in the third quarter from a year earlier, official advance estimates showed on Thursday, expanding for a seventh straight quarter.

That was slower than the mean forecast of 3.1% year-on-year growth by economists in a Reuters poll, a revised 3.2% expansion in the second quarter and 2.8% expansion in the first quarter.



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