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Hong Kong GDP Growth Slows to 4.3% in Q2

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Hong Kong's gross domestic product grew 4.3% year over year in the second quarter, slower than the 5.9% expansion in the first quarter, according to advance estimates released Friday by the Census and Statistics Department.

On a seasonally adjusted quarter-on-quarter basis, real GDP fell 0.6% during the quarter.

Private consumption expenditure climbed 2.9% year over year while government consumption edged up 0.5%.

The city's economy continued its robust growth in the quarter due to external trade and resilient domestic demand, a government spokesman said.

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