Census and Statistics Department
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Business sentiment amongst SMEs improve in December
The current diffusion index on business receipts amongst SMEs increased to 45.5.
Unemployment rate remains at 2.9%
There were 112,400 unemployed people from September to November.
Retail sales value rises 5.6% YoY in October
The total value stood at $33.8b.
Inflation up 2.7% in October
Composite CPI increased by 1.7% YoY.
Unemployment rate rises to 2.9%
There were 115,800 unemployed people from August to October.
HK economy grows 4.1% YoY in 3Q23
Despite the increase, the government cut its 2023 economic growth forecast to 3.2%.
GDP up 4.1% in Q3: advanced estimates
Tourism and private consumption will underpin growth; exports remain weak.
Exports value dips by 5.3% YoY to $380.3b in September
The pace of decline has picked up.
1 in 10 local enterprises expect better business situation in 4Q23
Nine percent expect business to be worse.
Consumer prices rise 2% YoY in September
The rate of increase in September was faster than August's.
Unemployment rate remains at 2.8% in July-September
The underemployment rate was the same at 1%.
Exports value dips by 3.7% YoY to $358.3b in August
The pace of decline, however, has moderated.
Inflation up 1.8% YoY in August; Price hike seen in multiple categories
Without the effects of one-off relief measures, the inflation rate was lower.
Unemployment rate sits at 2.8%
There were 112,100 unemployed people from June to August.
Exports value dips by 9.1% YoY to $345.2b in July
The pace of decline, however, has moderated.
Inbound tourism push the HK economy to further recovery in 2Q23
In Q2, GDP grew by 1.5% YoY.
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