Census and Statistics Department

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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. 

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.

Total retail sales down 1.2% YoY in June

Total value for retail sales was $27.7b.

Joblessness in HK down 4.7% from April to June

The count of unemployed people went down by 12,800.

Average pay rate went up by 1.8% in March

More than half of firms posted an increase in their average wage rates.

Inflation up by 1.2% YoY in May

It is smaller than the increase in April 2022 with 1.3%.