HONG KONG (Reuters) – Hong Kong’s economy expanded 4.1% in the third quarter from a year earlier, the government said on Friday, adding that inbound tourism and private consumption would underpin growth for the rest of the year.
On a seasonally adjusted quarterly basis, the economy grew 0.1% in the July-September period. That compared with a 1.3% slide in the April-June quarter.
The government revised down the full-year economic growth forecast to 3.2% from an earlier estimate of a 4.0% to 5.0% range.
(Reporting by Twinnie Siu and Donny Kwok; Editing by Edmund Klamann)
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