Hong Kong records 15th straight quarter of growth as GDP rises 5.2%
South China Morning Post · Wynna Wong ·
Economy posts fastest first-nine-month growth in five years, but finance chief says job market benefits will take time.
Hong Kong’s economy grew by 5.2 per cent year on year in the third quarter, marking its 15th consecutive quarter of expansion, while retail sales rose by 6.4 per cent in September.
For the first three quarters combined, the economy expanded by 5.1 per cent, its fastest growth for the period in five years, advance estimates released by the Census and Statistics Department on Tuesday showed.
This compared with increases of 4.2 per cent in the second quarter and 5.9 per cent in the first.
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