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2024

Hong Kong economic growth misses forecast in third quarter: data

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Hong Kong (AFP) Oct 31, 2024
Hong Kong's economic growth in the third quarter missed analyst estimates as private consumption weakened, according to government figures released Thursday. Real gross domestic product (GDP) between July and September grew by 1.8 percent year-on-year, well down from a forecast of 3.1 percent growth from economists surveyed by Bloomberg. Hong Kong's economic recovery after the pandemic h