Census and Statistics Department
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Business situation improved in December 2022: gov’t
Business situation improved in December 2022: gov’t
The diffusion index on business receipts for SMEs went up 46.1.
Global recovery boosts increases in inward, outward DI
Total inward and outward direct investments went up by 17% and 12.1%, respectively.
External environment, cross-border travel disruption weigh business sentiment
Business receipts in the third quarter showed decreases, the C&SD reported.
Volume of total exports down 15.3% YoY in September
Imports of goods also went down by 14% over September last year.
SME business optimism improves in October
But, next month’s expectations are more cautious.
Hong Kong’s economic growth hinges on travel recovery
Advanced GDP estimates showed a drop of 4.5%.
Hong Kong retail sales up 0.2% in September
Retail sales stood at $28.1b, the Census and Statistics Department reported.
Value of total exports down 9.1% YoY in September
The value of exports declined to $401.6b in September 2022.
Inflation up 4.4% in September
This is up from only 1.9% in August.
Industrial production climbs by 2.7% in Q2
The producer price index rose by 0.8% in the same quarter.
Business receipts of major service industries ‘improve’ in Q2
This is thanks to the moderated epidemic and eased health measures.
Sluggish global growth momentum drags Hong Kong’s export performance
The city’s total export dropped by 8.9% YoY in July.
Unemployment rate down 4.3% in May to July
Number of jobless persons declined by 10,400.
Export and import volumes fall in June as prices soar in Hong Kong
Export volume dropped by 12.5% YoY whilst imports decreased by 6.9% YoY.
Population dips 1.6% in H1 2022 amidst persistent low fertility rates
The plunge in birth rate in the last two years was attributed to the COVID-19 pandemic.
Business sentiment of SMEs ‘eases’ in July
The current diffusion index dropped to 43.4 during the month.
Total restaurant receipts down 5.5% in Q2 22
A government spokesman said business improved visibly.
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