Forex News

The industrial production in Hong Kong grew at an accelerated pace

Hong Kong's industrial production growth accelerated in the three months ended June, preliminary data released by the Department of the Census of Population and Statistics showed.

The manufacturing industrial manufacturing index rose 1.6% with the same period last year after rising by 1.1 percent in the previous quarter.

The sub-index of activities for wastewater treatment, waste management and recovery increased by 3.1 percent year-on-year (19659002) The seasonally adjusted industrial production index for the manufacturing industry as a whole increased by 0.6 percent in the second quarter compared to the previous year.

The data also showed that industrial producer prices rose at a stable rate of 3 , 8 percent in annual terms in the second quarter.