Other Information
Major Economic Indicators
¡@
Item Unit 2009 2010
¡@ ¡@ Jan Feb March April May June July Aug Sept Oct Nov Dec Jan Feb March April May June July Aug Sept Oct
CPI(A)* year-on-year
change %
+2.1
(+4.2)
+0.1
(+1.9)
+0.5
(+2.6)
-0.2
(+1.7)
-0.5
(+1.4)
-1.6
(+0.3)
-2.2
(-0.3)
-2.4
(-0.2)
+0.8
(-0.1)
+5.2
(-0.2)
+1.0
(-0.1)
+1.7
(+0.4)
+1.7
(+0.2)
+3.4
(+1.8)
+2.5
(+0.8)
+2.9
(+1.2)
+3.0
(+1.3)
+3.2
(+1.6)
-0.8
(1.8)
+3.6
(+1.8)
+3.2
(+2.4)
+3.1
(+2.5)
CPI(B)* year-on-year
change %
+3.4
(+4.7)
+0.9
(+2.2)
+1.3
(+2.6)
+0.9
(+2.0)
+0.2
(+1.3)
-0.7
(+0.5)
-1.4
(-0.2)
-1.5
(-0.3)
+0.5
(-0.2)
+1.3
(-0.3)
+0.5
(-0.3)
+1.2
(+0.3)
+0.9
(-0.1)
+2.7
(+1.6)
+1.9
(+0.8)
+2.3
(+1.3)
+2.4
(+1.4)
+2.7
(+1.7)
+2.1
(+2.0)
+3.0
(+1.9)
+2.5
(+2.2)
+2.5
(+2.3)
CPI(c)* year-on-year
change %
+3.7
(+4.5)
+1.4
(+2.3)
+1.7
(+2.5)
+1.2
(+1.9)
+0.5
(+1.2)
-0.3
(+0.4)
-0.9
(-0.3)
-1.0
(-0.4)
+0.1
(-0.5)
+0.1
(-0.4)
+0.1
(-0.5)
+0.9
(+0.2)
+0.5
(-0.2)
+2.2
(+1.5)
+1.5
(+0.8)
+2.0
(+1.5)
+2.2
(+1.6)
+2.4
(+1.9)
+2.6
(+2.0)
+2.5
(+1.9)
+2.0
(1.9)
+2.0
(+2.0)
Composite CPI* year-on-year
change %
+3.1
(+4.5)
+0.8
(+2.1)
+1.2
(+2.6)
+0.6
(+1.9)
+0.0***
(+1.3)
-0.9
(+0.4)
-1.5
(-0.3)
-1.6
(-0.3)
+0.5
(-0.3)
+2.2
(-0.3)
+0.5
(-0.3)
+1.3
(+0.3)
+1.0
(-0.0***)
+2.8
(+1.6)
+2.0
(+0.8)
+2.4
(+1.3)
+2.5
(+1.4)
+2.8
(+1.7)
+1.3
(+1.9)
+3.0
(+1.9)
+2.6
(+2.2)
+2.6
(+2.3)
Foreign exchange rate
(Period average)

per US$

7.752 7.754 7.751 7.751 7.751 7.751 7.751 7.752 7.751 7.749 7.751 7.797 7.762 7.761 7.765 7.765 7.793 7.786 7.765 7.781 7.762 7.75
Money Supply

million HK$

                                             
- M1   685,654 673,079 690,327 688,290 733,820 759,881 791,661 823,750 908,031 914,084 929,418 901,819 914,168 930,406 944,516 972,530 926,255 903,577 917,829 943,507 1,075,764  
- M1 of which in HK$ ¡@ 511,190 511,216 528,633 526,963 567,727 581,965 602,651 619,288 694,046 700,458 693,430 671,241 679,651 694,727 713,252 739,443 697,688 671,558 677,853 697,096  831,730  


Item Unit 2008 2009 2010
¡@   1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr
Nominal GDP million US $ 52,654 51,549 54,993 55,959 49,222 50,376 53,479 57,494 54,136 53,467
Growth rate of real GDP

%

7.0 4.0 1.1 -2.7 -7.7 -3.8 -2.4 2.5 8.0 6.5
Per capita GDP US $ - - - - - - - - - -
External Transactions HK$ million                    
- Imports of goods   696,708 770,762 805,638 750,980 547,074 658,136 723,129 774,627 728,114 871,131
- Exports of goods   650,631 708,742 764,283 720,342 512,316 618,781 657,215 706,434 640,479 773,959
Balance of trade in goods   -46,077 -62,020 -41,355 -30,638 -34,758 -39,355 -65,914 -68,193 -87,635 -97,172
- Imports of services   91,801 89,584 97,467 87,632 77,831 79,956 91,686 94,536 92,599 94,068
- Exports of services   173,599 166,860 192,405 184,385 151,555 144,698 177,720 195,042 192,761 188,574
Balance of trade in services   81,798 77,276 94,938 96,753 73,724 64,742 86,034 100,506 100,162 94,506
- Net factor income flows   15,370 15,325 27,246 25,365 8,608 21,511 9,106 10,167 25,619 17,568
- Net current transfers   -6,114 -7,548 -6,385 -5,808 -6,000 -5,832 -6,414 -6,244 -6,542 -6,212
Current account balance   44,977 23,033 74,444 85,672 41,574 41,066 22,812 36,235 31,604 8,690
Capital and financial non-reserve assets (net changes)   9,632 -24,141 -18,815 66,031 38,688 79,154 64,502 201,995 -16,746 12,650
Reserve assets(net change)   -55,029 -10,263 -51,259 -147,317 -68,900 -143,096 -106,625 -230,641 -20,175 -5,498


( )

The rates of change in CPIs since 2007 were affected by a number of Government's one-off relief measures, including the public housing rental waiver by the HousingAuthority and Housing Society in February 2007; the rates concession of up to $5,000 per quarter in April ¡V September 2007 and January 2008 ¡V March 2009; thepublic housing rental waiver by Housing Society in February 2008; Government's payment of public housing rentals in August ¡V October 2008, August ¡V September 2009 and July ¡V August 2010; the suspension of Employees Retraining Levy since August 2008; Government¡¦s provision of electricity charge subsidy starting from September 2008; and the rates concession of up to $1,500 per quarter in April 2009 ¡V March 2011. The figures in brackets denote the rates of change upon removing the effects of all these Government¡¦s one-off relief measures.

 

*

Four series of Consumer Price Indices(CPIs) are compiled to reflect the impact of consumer price changes on households in different expenditure ranges.

 

The CPI(A), CPI(B) and CPI(C) are compiled based on the expenditure patterns of households in the relatively low, medium and relatively high expenditure ranges. By aggregating the expenditure patterns of all households covered by the above three indices, a Composite CPI is also compiled to reflect the impact of consumer price changes on the household sector as a whole. The year-on-year rate of change in this index is generally taken to reflect overall consumer price inflation.¡@

   

The CPI(A), CPI(B) and CPI(C) respectively cover some 50%, 30% and 10% of households in Hong Kong. The monthly household expenditures (in HK$) of these groups in the base period (i.e. October 2004 - September 2005) were $4,000-$15,499, $15,500-$27,499 and $27,500-$59,999 respectively. Taking into account the impact of price changes since the base period, the monthly household expenditure ranges of the CPI(A), CPI(B), and CPI(C) adjusted to the price level of 2009 are broadly equivalent to $4,300-$16,900, $16,900-$30,400 and $30,400-$66,500 respectively. 

   

** 

Refer to calendar year
   

*** 

Less than 0.05%



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