Table 1

Capital expenditure in real terms on building and construction and on plant and machinery

(HK$Mn in constant 1980 dollars)

1988

1989

1986

1987

1988

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q1-03

Capital

17,600

18,633

18,755

expenditure

(0)

(6)

(1)

5,012

(1)

4,402

(5)

4,466

(-2)

4,875

(-1)

5,224

(4)

4,487

(3)

4,710

(5)

14,421

(4)

on building

and

construction

Private

sector

11,556

(2)

12,082

(5)

12,385

(3)

3,122

(5)

3,140

(8)

2,799

(-5)

3,324

(3)

3,175

(2)

3,160

(1)

2,866

(2)

9,201

(2)

Public

sector

6,044

(-3)

6,551

(8)

6,370

(-3)

1,890

(-5)

1,262

(-2)

1,667

(4)

1,551

(-7)

2,049

(8)

1,327

(5)

1,844

(11)

5,220

(8)

Capital

16,796

expenditure

(9)

21,578

(28)

24,575

(14)

5,110

(12)

6,182

(18)

6,741

(14)

6,542

(13)

5,980

(17)

6,639

(7)

6,445

(-4)

19,064

(6)

on plant and

machinery

Private

16,419

sector

(10)

21,133

(29)

23,919

(13)

4,915

(10)

6,049

6,596

6,359

(16)

(13)

(13)

5,744

(17)

6,542

(8)

6,345

(-4)

18,631

(6)

Public

377

445

656

195

133

145

183

236

97

100

433

sector

(-30)

(18)

(47)

(60) (118)

(56)

(8)

(21)

(-27)

(-31)

(-8)

Notes:

()

Figures in brackets represent percentage changes over the same period in the preceding year.

The quarterly data are preliminary estimates taken from the quarterly estimates of the gross domestic product compiled by the Census & Statistics Department. These estimates are subject to revisions. They are restricted to internal reference only and should not be quoted publicly.

The annual data may, nevertheless, be quoted freely. The figures for 1988 are part of the revised preliminary estimate of expenditure on the gross domestic product, while those for 1987 are part of the revised provisional GDP estimate. These published annual data may not tally exactly with the

corresponding summed totals from the quarterly data, which are more up-to-date.

Source : Census & Statistics Department

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