Hong Kong Q4 GDP expands 2.4% y/y, slightly faster than forecast
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FILE PHOTO: People walk at the Ladies' Market, a popular tourist attraction, in Mongkok, Hong Kong, China April 23, 2024. REUTERS/Tyrone Siu/File Photo
HONG KONG (Reuters) - Hong Kong's economy increased in the fourth quarter by 2.4% from a year earlier, official advance estimates showed on Monday, expanding for an eighth quarter.
That was a slightly faster rate than the mean forecast of 2.3% year-on-year growth by eight economists in a Reuters poll. Hong Kong reported 1.9% economic growth in the third quarter, 3.1% growth in the second quarter and 2.8% growth in the first quarter of 2024.
(Reporting by Hong Kong newsroom; Editing by xxx)
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