People's Daily, China
@PDChinaHong Kong’s GDP increased by 4.1% YOY in real terms in Q3 2023 due to the further improvement in domestic demand and services trade, government data showed on Tuesday. https://t.co/Naw6U1Kjts
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Hong Kong's Q3 GDP Growth Falls Short of Expectations, Up 4.1% YoY, QoQ Growth at 0.1%
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Hong Kong's GDP grew by 0.1% in Q3 2023, lower than the expected 1.4% and previous -1.3%. On a year-on-year basis, Hong Kong's GDP increased by 4.1% in Q3 2023, supported by inbound tourism and private consumption, but lower than the forecasted 5.2% and previous 1.5%. The growth was attributed to the improvement in domestic demand and services trade.
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