XN000022-1994-11-07 — Page 7

MONDAY, NOVEMBER 7,

1994

TERMS PERIOD IN

CAUSED

AS REGARDS EXPORTS OF SERVICES, THE GROWTH RATE IN REAL EASED TO 4.8% IN THE SECOND QUARTER OF 1994 OVER THE SAME 1993, AFFECTED BY A MARKED SLOW-DOWN IN THE GROWTH OF TOURISM

OF AT LEAST IN PART BY A REDUCTION IN TAIWANESE VISITORS PASSING THROUGH

1MPORTS THE CORRESPONDING GROWTH RATE FOR RUNG KONG INTO CHINA. SERVICES WAS 7.0%.

BROAD MEASURE OF THE IMPLICIT PRICE DEFLATOR OF GDP, AS A

QUARTER OVERALL INFLATION IN THE ECONOMY, ROSE BY 8.0% IN THE SECOND

SLOWER THIS WAS SIGNIFICANTLY OF 1994 OVER THE SAME QUARTER IN 1993. THAN THE CORRESPONDING INCREASE OF 8.9% IN THE FIRST QUARTER.

+

YEAR-ON- OF

1994

ACCORDING TO THE REVISED (NOVEMBER 94) ESTIMATES, THE YEAR GROWTH RATE OF GUP IN REAL TERMS FOR THE FIRST QUARTER

FOR THE FIRST HALF OF 1994, GDP GREW REMAINED UNCHANGED AT 5.7%. 5.5% IN REAL TERMS OVER THE SAME PERIOD LAST YEAR.

BY

THE LATEST GDP FIGURES FOR THE PERIOD FROM THE FIRST QUARTER OF 1992 TO THE SECOND QUARTER OF 1994 ARE PRESENTED IN TABLES 1 AND 2.

ARE

DOMESTIC

THE LATEST QUARTERLY ESTIMATES OF GDP FOR THE SAME PERIOD PUBLISHED IN A REPORT ENTITLED "QUARTERLY ESTIMATES OF GROSS PRODUCT, 2ND QUARTER 1994".

THIS

THE

AT BILINGUAL REPORT IS NOW ON SALE AT $6.5 PER COPY

THE PUBLICATIONS PUBLICATIONS GOVERNMENT

CENTRE, HONG KONG; AND AT

WANCHAI SECTION OF THE CENSUS AND STATISTICS DEPARTMENT, 19TH FLOOR, TOWER, 12 HARBOUR ROAD, WAN CHAI.

THE NATIONAL INCOME TELEPHONE ENQUIRIES MAY BE DIRECTED TO BRANCH (1) OF THE CENSUS AND STATISTICS DEPARTMENT ON TEL 582 5077.

/TABLE 1