Census and Statistics Department
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Exports value falls 36.7% YoY to $290.9b in January 2023
The slackened external environment contributed to the fall.
Exports value falls 36.7% YoY to $290.9b in January 2023
The slackened external environment contributed to the fall.
Jobless rate inches down to 3.4%
This is down from 3.5%.
Volume of total exports down 32.3% YoY in December 2022
Imports of goods went down by 26.7% over 2021.
Inflation up 2% in December 2022
Overall CPI rose by 1.8% in the previous month.
Businesses ‘slightly’ more optimistic about Q1
This could improve with the lifting of social distancing measures.
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.
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