Census and Statistics Department

Number of domestic households ('000)
Period	Figure('000)
10/2018-12/2018	2576.3
11/2018-1/2019	2578.1
12/2018-2/2019	2583.9
1/2019-3/2019	2588.6
2/2019-4/2019	2600.3
3/2019-5/2019	2609.5
4/2019-6/2019	2618.8
5/2019-7/2019	2628.8
6/2019-8/2019	2639.8
7/2019-9/2019	2644.6
8/2019-10/2019	2641.8
9/2019-11/2019	2643.6
10/2019-12/2019	2648.2

Labour

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Labour force ('000)

11/2019-1/2020

3925.5

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Labour force ('000)
Period	Figure('000)
11/2018-1/2019	3974.4
12/2018-2/2019	3969.2
1/2019-3/2019	3970.8
2/2019-4/2019	3977.3
3/2019-5/2019	3983.3
4/2019-6/2019	3985.0
5/2019-7/2019	3985.8
6/2019-8/2019	3984.2
7/2019-9/2019	3975.7
8/2019-10/2019	3969.3
9/2019-11/2019	3956.0
10/2019-12/2019	3941.8
11/2019-1/2020	3925.5

Employed persons ('000)

11/2019-1/2020

3803.2

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Employed persons ('000)
Period	Figure('000)
11/2018-1/2019	3872.6
12/2018-2/2019	3866.7
1/2019-3/2019	3860.4
2/2019-4/2019	3865.0
3/2019-5/2019	3869.1
4/2019-6/2019	3870.7
5/2019-7/2019	3867.3
6/2019-8/2019	3863.6
7/2019-9/2019	3855.4
8/2019-10/2019	3843.8
9/2019-11/2019	3830.6
10/2019-12/2019	3817.8
11/2019-1/2020	3803.2

Unemployment rate (seasonally adjusted) (%)

11/2019-1/2020

3.4

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Unemployment rate (seasonally adjusted) (%)
Period	Figure(%)
11/2018-1/2019	2.8
12/2018-2/2019	2.8
1/2019-3/2019	2.8
2/2019-4/2019	2.8
3/2019-5/2019	2.8
4/2019-6/2019	2.8
5/2019-7/2019	2.9
6/2019-8/2019	2.9
7/2019-9/2019	2.9
8/2019-10/2019	3.1
9/2019-11/2019	3.2
10/2019-12/2019	3.3
11/2019-1/2020	3.4

Underemployment rate (%)

11/2019-1/2020

1.2

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Underemployment rate (%)
Period	Figure(%)
11/2018-1/2019	1.1
12/2018-2/2019	1.0
1/2019-3/2019	1.0
2/2019-4/2019	1.0
3/2019-5/2019	1.0
4/2019-6/2019	1.0
5/2019-7/2019	1.0
6/2019-8/2019	1.0
7/2019-9/2019	1.0
8/2019-10/2019	1.2
9/2019-11/2019	1.2
10/2019-12/2019	1.2
11/2019-1/2020	1.2

Nominal Wage Index (yoy%)

9/2019

+3.4

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Nominal Wage Index (yoy%)
Period	Figure(yoy%)
9/2016	+3.7
12/2016	+3.6
3/2017	+3.6
6/2017	+3.8
9/2017	+3.7
12/2017	+3.8
3/2018	+4.0
6/2018	+3.8
9/2018	+4.1
12/2018	+4.1
3/2019	+3.9
6/2019	+3.8
9/2019	+3.4

External Trade

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Total exports of goods (HK$ Million)

1/2020

269,396

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Total exports of goods (HK$ Million)
Period	Figure(HK$ Million)
1/2019	348701
2/2019	228674
3/2019	343641
4/2019	321517
5/2019	343065
6/2019	309607
7/2019	338618
8/2019	352727
9/2019	347685
10/2019	348528
11/2019	359270
12/2019	351276
1/2020	269396

Imports of goods (HK$ Million)

1/2020

299,991

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Imports of goods (HK$ Million)
Period	Figure(HK$ Million)
1/2019	359000
2/2019	277508
3/2019	402883
4/2019	356609
5/2019	377774
6/2019	364794
7/2019	370790
8/2019	380777
9/2019	379325
10/2019	379118
11/2019	385438
12/2019	383773
1/2020	299991

Exports of services (HK$ Million)

Q4/2019

171,093

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Exports of services (HK$ Million)
Period	Figure(HK$ Million)
Q4/2016	199680
Q1/2017	202918
Q2/2017	184750
Q3/2017	207604
Q4/2017	216023
Q1/2018	229005
Q2/2018	205098
Q3/2018	223481
Q4/2018	229299
Q1/2019	229934
Q2/2019	202921
Q3/2019	189973
Q4/2019	171093

Imports of services (HK$ Million)

Q4/2019

159,873

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Imports of services (HK$ Million)
Period	Figure(HK$ Million)
Q4/2016	154118
Q1/2017	141312
Q2/2017	144262
Q3/2017	156313
Q4/2017	164037
Q1/2018	156940
Q2/2018	152772
Q3/2018	162778
Q4/2018	167457
Q1/2019	152340
Q2/2019	152666
Q3/2019	154206
Q4/2019	159873

National Income and Balance of Payments

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GDP (yoy% in real terms)

Q4/2019 r

-2.9

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GDP (yoy% in real terms)
Period	Figure(yoy% in real terms)
Q4/2016	3.3
Q1/2017	4.5
Q2/2017	3.9
Q3/2017	3.5
Q4/2017	3.4
Q1/2018	4.5
Q2/2018	3.4
Q3/2018	2.6
Q4/2018	1.1
Q1/2019	0.7
Q2/2019	0.4
Q3/2019	-2.8
Q4/2019	-2.9

Balance of Payments - Current account balance (HK$ Million)

Q3/2019

71,867
(in surplus)

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Balance of Payments - Current account balance (HK$ Million)
Period	Figure(HK$ Million)
Q3/2016	37794
Q4/2016	23373
Q1/2017	20878
Q2/2017	22409
Q3/2017	57507
Q4/2017	21047
Q1/2018	11516
Q2/2018	12284
Q3/2018	45831
Q4/2018	36311
Q1/2019	29254
Q2/2019	34227
Q3/2019	71867

Overall Balance of Payments (HK$ Million)

Q3/2019

-59,846
(in deficit)

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Overall Balance of Payments (HK$ Million)
Period	Figure(HK$ Million)
Q3/2016	-1951
Q4/2016	21651
Q1/2017	45309
Q2/2017	76105
Q3/2017	55601
Q4/2017	73494
Q1/2018	73786
Q2/2018	-48503
Q3/2018	-41723
Q4/2018	23999
Q1/2019	32959
Q2/2019	28315
Q3/2019	-59846

Prices

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Composite Consumer Price Index (yoy%)

1/2020

+1.4

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Composite Consumer Price Index (yoy%)
Period	Figure(yoy%)
1/2019	+2.4
2/2019	+2.1
3/2019	+2.1
4/2019	+2.9
5/2019	+2.8
6/2019	+3.3
7/2019	+3.3
8/2019	+3.5
9/2019	+3.2
10/2019	+3.1
11/2019	+3.0
12/2019	+2.9
1/2020	+1.4

Consumer Price Index (A) (yoy%)

1/2020

-2.0

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Consumer Price Index (A) (yoy%)
Period	Figure(yoy%)
1/2019	+2.8
2/2019	+2.6
3/2019	+2.4
4/2019	+3.0
5/2019	+3.1
6/2019	+3.9
7/2019	+3.9
8/2019	+4.1
9/2019	+3.5
10/2019	+3.5
11/2019	+3.5
12/2019	+3.4
1/2020	-2.0

Business Performance

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Business receipts index - Import/export trade (yoy%)

Q3/2019

-8.0

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Business receipts index - Import/export trade (yoy%)
Period	Figure(yoy%)
Q3/2016	+0.1
Q4/2016	+3.0
Q1/2017	+4.2
Q2/2017	+1.6
Q3/2017	+2.1
Q4/2017	+1.4
Q1/2018	+4.8
Q2/2018	+5.8
Q3/2018	+3.0
Q4/2018	+1.6
Q1/2019	-3.1
Q2/2019	-6.3
Q3/2019	-8.0

Business receipts index - Retail (yoy%)

Q3/2019

-17.5

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Business receipts index - Retail (yoy%)
Period	Figure(yoy%)
Q3/2016	-7.5
Q4/2016	-3.7
Q1/2017	-1.3
Q2/2017	+0.2
Q3/2017	+4.1
Q4/2017	+5.8
Q1/2018	+14.4
Q2/2018	+12.4
Q3/2018	+6.5
Q4/2018	+2.3
Q1/2019	-1.2
Q2/2019	-4.2
Q3/2019	-17.5

Business receipts index - Food services (yoy%)

Q3/2019

-11.8

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Business receipts index - Food services (yoy%)
Period	Figure(yoy%)
Q3/2016	+2.6
Q4/2016	+4.1
Q1/2017	+4.2
Q2/2017	+4.0
Q3/2017	+5.0
Q4/2017	+6.7
Q1/2018	+10.0
Q2/2018	+6.7
Q3/2018	+5.5
Q4/2018	+2.3
Q1/2019	+3.1
Q2/2019	-0.5
Q3/2019	-11.8

Business receipts index - Transportation (yoy%)

Q3/2019

-2.3

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Business receipts index - Transportation (yoy%)
Period	Figure(yoy%)
Q3/2016	-6.8
Q4/2016	-1.6
Q1/2017	+2.3
Q2/2017	+9.2
Q3/2017	+9.6
Q4/2017	+6.9
Q1/2018	+10.5
Q2/2018	+8.6
Q3/2018	+6.2
Q4/2018	+7.2
Q1/2019	+1.9
Q2/2019	+0.4
Q3/2019	-2.3

Business receipts index - Banking (yoy%)

Q3/2019

+5.5

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Business receipts index - Banking (yoy%)
Period	Figure(yoy%)
Q3/2016	+3.9
Q4/2016	+5.8
Q1/2017	+17.6
Q2/2017	-28.9
Q3/2017	+10.9
Q4/2017	+18.2
Q1/2018	+11.1
Q2/2018	+7.9
Q3/2018	+7.1
Q4/2018	+1.2
Q1/2019	+0.2
Q2/2019	+4.6
Q3/2019	+5.5

Business receipts index - Financing (except banking) (yoy%)

Q3/2019

-1.8

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Business receipts index - Financing (except banking) (yoy%)
Period	Figure(yoy%)
Q3/2016	+5.1
Q4/2016	-0.3
Q1/2017	+8.2
Q2/2017	+2.2
Q3/2017	+8.0
Q4/2017	+10.6
Q1/2018	+28.9
Q2/2018	+8.0
Q3/2018	+6.6
Q4/2018	-0.3
Q1/2019	-5.8
Q2/2019	+2.9
Q3/2019	-1.8