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August goods exports dip 7.2%


The volume of Hong Kong?s total goods exports dropped 7.2% year-on-year in August, the Census & Statistics Department announced today.

 

The volume of goods imports fell 11.9% compared to the same period last year.

 

Goods exports prices rose 1.1%, while those of goods imports increased 1%.

 

On a seasonally adjusted basis, the volume of goods exports fell 4.5% in the three-month period ending August compared with the preceding three months, while the volume of goods imports dropped 4.4%.

 

Comparing the first eight months of 2019 with the same period in 2018, the volume of goods exports fell 5.6%, while that of goods imports dropped 7.5%.

 

Both goods exports and imports prices increased 1.8% during the same period.


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