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Hong Kong Q3 GDP grows s/adj 0.6 pct versus Q2

11 Nov 2016, 12:24:42 PM

HONG KONG, Nov 11 (Reuters) - Hong Kong's economy expanded a seasonally adjusted 0.6 percent in the third quarter, official data showed on Friday, slowing from the June quarter, as weak consumer spending and sluggish exports hit growth.

From a year earlier, gross domestic product grew 1.9 percent, the government said.

Gross domestic product grew a revised 1.5 percent in the second quarter from the first. Annual growth was 1.7 percent from a year earlier.

The economy was forecast to have expanded 0.3 percent in the third quarter from the second, and 1.6 percent from a year earlier, according to the median estimate of economists surveyed by Reuters. (Reporting by Twinnie Siu and Saikat Chatterjee; Editing by Jacqueline Wong)

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