TNAG-1267-FCO40-1616-Economic-situation-in-Hong-Kong-1983 — Page 242

quarter, increased slightly by about 1% in the second quarte

of this year over the same period last year. This indicates that the growth rate of consumer demand may have picked up

slightly in the second quarter of this year.

Third,

reflecting the relatively weak investment demand, the growth rate in real terms of retained imports of capital goods continued to fall in the second quarter, albeit at a slower rate than in the preceding quarter.

Growth rates in real terms of retained imports by end-use categories (8)

Year-on-

year comparison

Raw materials

Foodstuffs

Consumer

goods

and semi-

Capital

Fuels

manufactures

goods

1982/1981

6

2

6

-5

1982/1981 01

Q3

aaaa

2

Q2

9

13

Q4

1

1982/1981 Hl

H2

1983/1982 Q1

Q2(*)

9763

5282 15 고

57

23

-11

7

--4

-26

6

-5

0

8

-8

-17

5

-3

-7

-10

1

1

-11

21

1983/1982 H1(*) 2

-3

-11

12

& Ab A WON

0

Note: (*) Estimated by using trade indexes available up to May

1983.

Re-exports

2.13

The value of re-exports, at $23,975 million in the

first half of 1983, was

last year. Trade indexes

higher than

than in

in the same period

12% higher

available

available up to May suggest

that

14

/this