Economic Indicators

Hong Kong’s Q2 GDP shrinks 1.3% y/y

08/12/2022

Less than a minute

2022.08.12 12:02

Hong Kong's Q2 GDP shrinks 1.3% y/y
FILE PHOTO: An aerial view shows containers and ships at the Kwai Chung Container Terminal in Hong Kong, China June 7, 2021. REUTERS/Aleksander Solum

HONG KONG (Reuters) – Hong Kong’s economy contracted by 1.3% in the second quarter from the same period a year earlier, government data showed on Friday, following a weak performance in external trade during the quarter.

It was the second straight quarter of year-on-year contractions for the Asian financial hub.

08/12/2022

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