India, Feb. 3 -- Hong Kong's economy expanded at an accelerated pace in the final quarter of 2024, the advance estimates from the Census and Statistics Department showed Monday.
Gross domestic product advanced 2.4 percent year-over-year in the fourth quarter, faster than the 1.9 percent growth in the third quarter.
On a seasonally adjusted quarter-to-quarter basis, real GDP increased by 0.8 percent compared to the previous quarter.
On the expenditure side, government consumption expenditure grew 1.9 percent annually versus a 1.7 percent increase in the September quarter. Meanwhile, the decline in household consumption softened to 0.2 percent from 1.2 percent.
Exports of goods showed a growth of 1.2 percent, while imports of gooods rose ...