India, May 2 -- Hong Kong's economy expanded at an accelerated pace in the first quarter of 2025, the advance estimates from the Census and Statistics Department showed Friday.
Gross domestic product advanced 3.1 percent year-over-year in the first quarter, faster than the 2.5 percent growth in the fourth quarter.
On a seasonally adjusted quarter-to-quarter basis, real GDP increased by 2.0 percent versus a 0.9 percent rebound in the December quarter.
On the expenditure side, gross domestic fixed capital formation alone grew 2.8 percent annually, in contrast to a 0.7 percent decrease in the December quarter.
Government consumption expenditure rose 1.2 percent, while household consumption declined further by 1.2 percent. Exports of goods ...