TNAG-1267-FCO40-1616-Economic-situation-in-Hong-Kong-1983 — Page 87

third quarter compared with the same quarter last year.

Third, over this period retained imports of fuels fell by 7% in real terms (3).

Growth rates in real terms of retained

imports by end-use categories (%)

Year-on-

Raw materials

year

Consumer

comparison Foodstuffs goods

Fuels

and semi- manufactures

Capital goods

1982/1981

6

2

6

-5

-9

1982/1981 H1

H2

57

- 1

8

-8

-17

5

5

-3

- 1

Q2

Q3

2222

2

-5

9

2

13

8

04

1

2

9763

-11

-6

-4

-5

1983/1982 H1

3

- 3

-11

12

8° $

450

-26

- 3

01

Q2 Q3*

24

-7

-10

1

-9

1

-11

21

0

2

-7

30

-13

Note: (*)

Estimated by using trade indexes available up to August 1983.

(3)

/ Re-exports

Retained imports of solid fuels and liquid fuels

Solid fuels

Liquid fuels

Growth rate

Value

in real terms#

($Mn)

(8)

Value ($Mn)

Growth rate in real terms#

(%)

1982

569

938

10,200

1

1983 H1

552

148

4,317

-18

Q1

244

182

2,262

-17

Q2

308

125

2,055

-19

Q3*

304

4

2,467

-9

Notes: (#)

Percentage change on the

same period of preceding

year.

(*)

Estimated by using trade indexes available up to August 1983.

The decline in retained imports of liquid fuels in real terms in 1983 was largely due to the substitution of some

of some fuel oil by coal in the generation of electricity and to the fiscal measures on restraining car ownership and usage.

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