Hong Kong's GDP Growth Surpasses Expectations in Q2
Friday, 16 August 2024, 11:13
Hong Kong GDP Growth Surpasses Expectations
Hong Kong's economy expanded at an accelerated pace in the second quarter, as initially estimated. Gross Domestic Product (GDP) rose by 3.3% year-over-year, outpacing the 2.8% growth witnessed in the first quarter, according to the latest data released by the Census and Statistics Department.
Key Economic Indicators
- GDP growth accelerated in Q2
- Year-over-year growth reached 3.3%
- Previous quarter growth at 2.8%
This significant recovery underscores the resilience of Hong Kong's economy amidst global fluctuations.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.