Hong Kong records 15th straight quarter of growth as GDP rises 5.2%

Hong Kong’s economy grew by 5.2 per cent year on year in the third quarter, marking its 15th consecutive quarter of expansion, while retail sales rose by 6.4 per cent in September.

Advance estimates released by the Census and Statistics Department on Tuesday showed gross domestic product growth compared with increases of 4.2 per cent in the second quarter and 5.9 per cent in the first.

For the first three quarters combined, the economy expanded 5.1 per cent, its fastest growth for the period in five years.

  

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