TNAG-2977-FCO40-1469-Economic-policy-in-Hong-Kong-1982 — Page 117

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

indexes

available up to May show that there was an increase of

10% in prices and a decline of 4% in real terms, compared with

growth rates of 15% in the first half and of 9% in the second

half of 1981 in real terms. The decline was mainly

attributable to the continued deceleration in the growth rates

consumer goods, raw materials

of

imports of

semi-manufactures,

and

and capital goods for three consecutive

quarters.

Growth rates of imports (%)

Imports

Retained imports

Year-on-year comparison

In money

terms

In real

terms

Rate of increase in prices

In real

terms

1981/1980

24

11

11

6

1981/1980 Q1

28

17

9

10

Q2

24

12

11

8

Q3

26

13

12

9

Q4

18

4

14

-3

1981/1980 H1

26

15

10

9

H2

22

1982/1981 Q1

7

Q2(*)

2

-5

úÁ O

9

12

3

-4

12

-6

7

-5

1982/1981 H1(*)

LO

5

-4

10

-5

Note: (*)

Estimated by using trade indexes available up

to

May 1982.

11

/ Growth

.....

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