HK Total Deposits up 1.6% in March
According to statistics published today by the Hong Kong Monetary Authority, total deposits with authorized institutions increased by 1.6% in March 2009. Hong Kong-dollar deposits rose by 2.7% during...
View ArticleHong Kong Retail Sales Fall 7.7% in March
The value of total retail sales in March 2009, provisionally estimated at $20.8 billion, decreased by 7.7% when compared with a year earlier. After netting out the effect of price changes over the...
View ArticleHK Foreign Currency Reserve Assets Rise
The Hong Kong Monetary Authority announced today that the official foreign currency reserve assets of Hong Kong amounted to US$193.4 billion at the end of April 2009-end-March 2009: US$186.3 billion.
View ArticleHong Kong Composite Interest Rate Drops to 0.27%
The composite interest rate, which is a measure of the average cost of funds of banks, declined slightly by 2 basis points to 0.27% at the end of April 2009 from 0.29% at the end of March 2009.
View ArticleHong Kong Jobless Rate Rises to 5.3%
According to the latest labour force statistics released today by the Census and Statistics Department, the seasonally adjusted unemployment rate increased from 5.2% in January – March 2009 to 5.3% in...
View ArticleHong Kong CPI Rises 0.6% in April
The Census and Statistics Department released today the Consumer Price Index figures for April 2009. According to the Composite CPI, overall consumer prices rose by 0.6% in April 2009 over the same...
View ArticleHong Kong Exports Drop 18.2% in April
The Census and Statistics Department released today the external merchandise trade statistics for April 2009. In April 2009, the values of Hong Kong''''s total exports and imports of goods both fell...
View ArticleHong Kong Composite Interest Rate Falls to 0.24%
The composite interest rate, which is a measure of the average cost of funds of banks, declined further by 3 basis points to 0.24% at the end of May 2009 from 0.27% at the end of April 2009.
View ArticleHong Kong CPI Remains Unchanged
The Census and Statistics Department released today the Consumer Price Index figures for May 2009. According to the Composite CPI, overall consumer prices remained unchanged in May 2009 compared with...
View ArticleHK Total Deposits up 2% in May
According to statistics published today by the Hong Kong Monetary Authority, total deposits with authorized institutions increased by 2% in May 2009. Hong Kong-dollar deposits rose by 2.7% during the...
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