TNAG-2977-FCO40-1469-Economic-policy-in-Hong-Kong-1982 — Page 118

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

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

Raw

materials

Consumer

and semi-

Foodstuffs

_goods

Fuels

manufactures

Capital goods

1981/1980

1981/1980 Q1

2

19

00

8

10

13

6

35

Q2

LO

5

26

Q3

-1

15

20 5

12

23

7

17

18

12

Q4

1

5

LO

30

3

1

1981/1980 H1

5

31

1

9

20

H2

0

9

16

10

6

1982/1981 Q1

3

Q2(*) 6

f°ས

-4

11

-9

-4

6

-6

-19

-2

9

-8

-12

1982/1981 H1(*) 5

Note: (*)

Estimated by using

by using trade indexes available up to

May 1982.

2.11

Retained imports of

Retained imports showed similar trends. They were in the first half of this year 5% less in real terms compared

with the first half of 1981. Apart from foodstuffs and fuels

which increased by 5% and 8% respectively, retained

retained imports of all other product categories decreased.

consumer goods decreased by 1%, raw materials and semi-manufactures by 8%, and capital goods also by 19%. decreases indicate that both domestic weak in the first half of this year.

was still no sign of any recovery

retained imports of raw materials

domestic

exports are unlikely to improve in the third quarter. However, retained imports of consumer goods showed

an

increase of 2% in real terms in the

decline of 5% in the first quarter, demand had probably begun to recover

quarter.

These

and export demand were

In particular, as there

in the growth rate of

and

semi-manufactures,

second quarter after a

this suggests domestic

slightly in the second

12

/ Growth

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