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Hong Kong Q3 GDP expands 4.1% y/y, growth forecast revised lower


Hong Kong’s economy expanded 4.1% in the third quarter from a year earlier, the government said on Friday, adding that inbound tourism and private consumption would underpin growth for the rest of the year.

On a seasonally adjusted quarterly basis, the economy grew 0.1% in the July-September period. That compared with a 1.3% slide in the April-June quarter.

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