Hong Kong's GDP (GDP) in the first quarter of this year is estimated to rise by 2.7%year -on -year.
The China News Agency quoted the data newspaper released by the Hong Kong Government Statistics Office on Thursday (May 2) that the estimated local GDP in Hong Kong in the first quarter of 2024 was estimated to be substantially increased by 2.7%year -on -year.The five quarters recorded positive growth.In the fourth quarter of last year, GDP rose 4.3%.
According to the data released by the official website of the Hong Kong Government Statistics Office, according to the analysis of the main components of the local GDP, private consumer spending has increased by 1.0%year -on -year in the first quarter after the previous quarter increased by 3.5%.The government consumption expenditure fell by 3%year -on -year, and the decrease of 5.2%last season.
The total exports of goods rose 6.7%year -on -year, and the previous season rose to 2.8%.The import of goods rose by 3.2%year -on -year, and the previous quarter rose 3.8%.The service output rose by 8.1%in the same substant, and the previous season rose to 21.2%.The service input rose 17.6%year -on -year, and the rise in the previous quarter was 26.7%.
After the seasonal adjustment and the previous quarter, the local GDP has increased by 2.3%this year.
A spokesman for the SAR Government said that benefiting from visiting Hong Kong's visitors has risen further, and the overall service output continues to increase significantly.The overall demand for overall cargo exports is slightly increasing under improvement, which is also related to the low comparison base.With the continuous rise in residential income and the launch of the government, private consumption expenditure rose slightly, and the overall investment expenditure rose slightly as the economy continued to expand.
