Hong Kong Monetary Authority Press Release
Source: HKMA
An International Monetary Fund (IMF) Staff Mission to Hong Kong expects the Hong Kong economy to grow by 3 percent in 2003, up from 2 percent in 2002. The faster growth in 2003 is based on strengthening external demand, supported by robust growth in the Mainland.
Deflation could begin to ease, but weak property prices, high unemployment, and other structural factors are likely to continue to dampen both
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