Census and Statistics Department
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Diffusion index inches up to 41.6 in September
The one-month ahead outlook DI on business receipts rose to 47.
Diffusion index inches up to 41.6 in September
The one-month ahead outlook DI on business receipts rose to 47.
Exports value rise 6.4% in August, easing from July's growth
July recorded a 13.1% YoY growth.
Unemployment rate steady at 3%
The underemployment rate also remained unchanged at 1.2%.
Manufacturing industrial productions increase by 0.7% in Q2
The sewerage, waste management, and remediation activities increased by 1.5%.
Construction works' gross value up 2.3% in Q2
The private sector fell by 2.4%, whilst public sector rose by 22.6%.
Diffusion index slips to 41.3 in August
However, the one-month ahead outlook DI on business receipts was 45.4.
Retail records 11.9% decrease in business receipts in Q2
Changing consumption patterns continues to be a major challenge.
Exports value climbs 13.1% in July
There were significant gains in electrical machinery.
Consumer prices rise 2.5% YoY in July, accelerating from June’s increase
In June, prices rose by 1.5% YoY.
Unemployment rate stands at 3%
There were 117,800 unemployed people between May and July.
Economy grows 3.3% YoY in Q2 2024
Quarter-on-quarter, the economy grew by 0.4%.
Diffusion index climbs to 41.8 in July, indicating SME growth
The index, however, remained in contractionary territory.
Retail sales value fall 9.7% YoY to $29.9b in June
The government attributed the decline to changing consumption patterns.
GDP increases 3.3% YoY in Q2, faster than Q1 growth
In Q1, the economy grew by 2.8% YoY.
Consumer prices rise 1.2% YoY in May
Prices rose faster in May compared to April.
Retail sales value plummets 14.7% in April amidst the Easter holidays
Only one retail outlet type recorded an increase in sales.
Consumer price growth eases to 1.1% in April
Prices for transport, housing, and clothing saw increases in April.
Commentary
Ginza-style commercial building in neighbourhood areas attracts local consumption