| Title: |
Trends in consumer spending |
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| Latest Issue: |
- |
| Release Date: |
21 August 2003 |
| Frequency: |
Ad Hoc |
| Language: |
Bilingual (Chinese and English) |
| Enquiry: |
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| Abstract |
| Consumer spending, as measured by private consumption expenditure (PCE),
has been on a steady growth trend in the early 1990s. Nevertheless, it
becomes more volatile in recent years, in particular in the aftermath of the
Asian Financial Crisis. The change in consumer spending is a crucial
element of Hong Kong's economic growth. This article analyses the latest
trends and the composition change in overall consumer spending in Hong
Kong.
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