Census and Statistics Department
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See below for the Latest Census and Statistics Department News, Analysis, Profit Results, Share Price Information, and Commentary.
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.
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%.
Commentary
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AI, data centres, and the coming energy supercycle in Hong Kong
Reinsurance beyond borders: How Hong Kong can strengthen Asia’s risk-sharing architecture
Hong Kong hospitality insights: Robust investment, tourism expansion, and operational recovery
Hong Kong’s insurance boom is facing a financing test