Hong Kong recovery on track with economy growing 5.4 per cent in third quarter, but rising inflation poses threat

Hong Kong’s recent economic recovery gained traction in the third quarter, with 5.4 per cent growth over the same period last year, but rising inflation posed a threat.The advance estimate by the Census and Statistics Department on Monday showed gross domestic product (GDP) was on track for further improvement between July and September from the economic havoc caused by the Covid-19 pandemic, on the back of robust export growth and buoyant private consumption related to the government’s e…

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