YoY Change in Final Quarterly GDP in Hong Kong
Hong Kong| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The finalized quarterly Gross Domestic Product (GDP) year-on-year (YoY) growth rate is a key indicator measuring Hong Kong's economic growth, showing the percentage change in GDP for a specific quarter compared to the same quarter of the previous year. This data is released by the Census and Statistics Department of the Hong Kong Special Administrative Region Government, providing revised figures based on initial preliminary estimates.
The YoY data helps to understand the long-term growth trends of the GDP. An increasing GDP indicates economic expansion, with active investment and consumption. Conversely, a decreasing GDP suggests the economy may be stagnating or contracting.
This data serves as a crucial reference for policymakers to assess the economic health and formulate appropriate economic policies. Additionally, it provides important insights for businesses and investors to gauge economic growth trends and make informed forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
