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Gross Domestic Product (GDP) | |
Prices | |
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Domestic Sector | |
Commerce | |
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External Trade | |
Labour | |
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Gross National Product (GNP) | |
Population | |
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Balance of Payments Account | |||
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Gross Domestic Product (GDP) | |
Prices | |
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Domestic Sector | |
Commerce | |
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External Trade | |
Labour | |
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Gross National Product (GNP) | |
Population | |
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Balance of Payments Account | |||
Gross Domestic Product (GDP) In the first quarter of 2012, the Gross Domestic Product (GDP) increased by 0.4% in real terms over a year earlier, compared with the 3.0% increase in the fourth quarter of 2011. (Full press release) |
Previous 4th Qtr 2011 +3.0% year-on-year | Current 1st Qtr 2012 +0.4% year-on-year |
 Gross Domestic Product (GDP) |
| Domestic Sector | |||
Private consumption expenditure Private consumption expenditure increased by 5.6% in real terms in the first quarter of 2012 over a year earlier, moderating from the 6.6% growth in the fourth quarter of 2011. (Full press release) |
Previous 4th Qtr 2011 +6.6% year-on-year | Current 1st Qtr 2012 +5.6% year-on-year |
 Private consumption expenditure |
Gross domestic fixed capital formation Gross domestic fixed capital formation (GDFCF) increased further by 12.2% in real terms in the first quarter of 2012 over a year earlier, after the 9.8% growth in the fourth quarter of 2011. (Full press release) |
Previous 4th Qtr 2011 +9.8% year-on-year | Current 1st Qtr 2012 +12.2% year-on-year |
 Gross domestic fixed capital formation |
| External Trade | |||
Total exports of goods In March 2012, the volume of Hong Kong’s re-exports of goods decreased by 10.8% over March 2011, while that of domestic exports fell significantly, by 25.6%. Taken together, the volume of total exports of goods decreased by 11.1%. (Full press release) |
Previous Feb 2012 +7.4% year-on-year | Current Mar 2012 -11.1% year-on-year |
 Total exports of goods |
Domestic exports of goods In March 2012, the volume of Hong Kong's domestic exports of goods fell significantly by 25.6% over March 2011. (Full press release) |
Previous Feb 2012 -7.8% year-on-year | Current Mar 2012 -25.6% year-on-year |
 Domestic exports of goods |
Re-exports of goods In March 2012, the volume of Hong Kong's re-exports of goods decreased by 10.8% over March 2011. (Full press release) |
Previous Feb 2012 +7.7% year-on-year | Current Mar 2012 -10.8% year-on-year |
 Re-exports of goods |
Imports of goods In March 2012, the volume of Hong Kong's imports of goods decreased by 8.0% over March 2011. (Full press release) |
Previous Feb 2012 +15.3% year-on-year | Current Mar 2012 -8.0% year-on-year |
 Imports of goods |
Exports of services Exports of services increased by 3.6% in real terms in the first quarter of 2012 over a year earlier, compared with the 5.3% increase in the fourth quarter of 2011. (Full press release) |
Previous 4th Qtr 2011 +5.3% year-on-year | Current 1st Qtr 2012 +3.6% year-on-year |
 Exports of services |
Imports of services Imports of services increased by 2.5% in real terms in the first quarter of 2012. (Full press release) |
Previous 4th Qtr 2011 +2.8% year-on-year | Current 1st Qtr 2012 +2.5% year-on-year |
 Imports of services |
| Gross National Product (GNP) | |||
Gross National Product (GNP) After netting out the effect of price changes, Hong Kong's GNP increased by 3.5% in real terms in the fourth quarter of 2011 over a year earlier, compared with an increase of 5.3% in the third quarter of 2011. (Full press release) |
Previous 3rd Qtr 2011 +5.3% year-on-year | Current 4th Qtr 2011 +3.5% year-on-year |
 Gross National Product (GNP) |
| Balance of Payments Account | |||
Balance of Payments (BoP) account Hong Kong recorded a surplus amounting to $49.8 billion in its Balance of Payments account (as a ratio of 9.8% to GDP) in the fourth quarter of 2011, compared with a surplus of $23.6 billion (as a ratio of 4.8% to GDP) in the third quarter of 2011. At the end of the fourth quarter of 2011, Hong Kong’s net International Investment Position amounted to $5,456.8 billion (as a ratio of 288% to GDP). (Full press release) |
Previous 3rd Qtr 2011 +23.6 (HK$ billion) | Current 4th Qtr 2011 +49.8 (HK$ billion) |
 Balance of Payments Account |
| Prices | |||
Consumer Price Index (CPI) According to the Composite CPI, overall consumer prices rose by 4.9% in March 2012 over the same month a year earlier. On a seasonally adjusted basis, the average monthly rate of increase in the Composite CPI for the 3-month period from January to March 2012 was 0.4%. (Full press release) |
Previous Feb 2012 +4.7% year-on-year | Current Mar 2012 +4.9% year-on-year |
 Consumer Price Index (CPI) |
Implicit price deflator of GDP (or GDP deflator) The implicit price deflator of GDP, as a broad measure of overall inflation in the economy, increased by 2.8% in the first quarter of 2012 over a year earlier, compared with the 3.7% increase in the fourth quarter of 2011. (Full press release) |
Previous 4th Qtr 2011 +3.7% year-on-year | Current 1st Qtr 2012 +2.8% year-on-year |
 Implicit price deflator of GDP |
| Commerce | |||
Retail sales After netting out the effect of price changes, the volume of total retail sales increased by 13.4% (provisional figure) in March 2012 over a year earlier. (Full press release) |
Previous Feb 2012 +10.1% year-on-year | Current Mar 2012 +13.4% year-on-year |
 Retail sales |
Restaurant receipts After discounting the effect of price changes, total restaurant receipts decreased by 0.2% (provisional figure) in volume in the first quarter of 2012 compared with a year earlier. (Full press release)
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Previous 4th Qtr 2011 +1.1% year-on-year | Current 1st Qtr 2012 -0.2% year-on-year |
 Restaurant receipts |
| Labour | |||
Total labour force Total labour force increased by around 6 000 from 3 767 700 in December 2011 – February 2012 to 3 773 700 (provisional figure) in January – March 2012. (Full press release) |
Previous Dec 2011 - 3 767.7 ('000) | Current Jan - Mar 3 773.7 ('000) |
 Total labour force |
Employed population Total employment increased by around 1 000 from 3 648 600 in December 2011 – February 2012 to 3 649 600 (provisional figure) in January – March 2012. (Full press release) |
Previous Dec 2011 - 3 648.6 ('000) | Current Jan - Mar 3 649.6 ('000) |
 Employed population |
Unemployed population The number of unemployed persons (not seasonally adjusted) increased by around 5 000 from 119 100 in December 2011 – February 2012 to 124 100 (provisional figure) in January – March 2012. (Full press release) |
Previous Dec 2011 - 119.1 ('000) | Current Jan - Mar 124.1 ('000) |
 Unemployed population |
Seasonally adjusted unemployment rate The seasonally adjusted unemployment rate stood at 3.4% (provisional figure) in January – March 2012, same as that in December 2011 – February 2012. (Full press release) |
Previous Dec 2011 - 3.4% | Current Jan - Mar 3.4%
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 Seasonally adjusted unemployment rate and Underemployment rate |
Underemployment rate The underemployment rate increased from 1.5% in December 2011 – February 2012 to 1.6% (provisional figure) in January – March 2012. (Full press release) |
Previous Dec 2011 - 1.5% | Current Jan - Mar 1.6%
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Labour wages The average wage rate for all the selected industry sections surveyed, as measured by the wage index, rose by 9.4% in nominal terms in December 2011 over a year earlier. (Full press release) |
Previous Sep 2011 +9.9% year-on-year | Current Dec 2011 +9.4% year-on-year |
 Labour wages |
| Population | |||
Population The provisional estimate of the Hong Kong population was 7 103 700 at end-2011, representing an increase of 51 600 or 0.7% over end-2010. (Full press release) |
Previous Mid - 2011 7 071.6 ('000) | Current End - 2011 7 103.7 ('000) |
 Population |
