Hong Kong has been locked in recession for five consecutive quarters. Photo: Sun Yeung
Hong Kong has been locked in recession for five consecutive quarters. Photo: Sun Yeung

Hong Kong economy forecast to shrink by record 6.1 per cent for full year although coronavirus relief measures cushion blow

  • Latest full-year figure revised from an estimated contraction of between 6 per cent and 8 per cent in August
  • Gross domestic product contracted by worse than expected 3.5 per cent in third quarter, but showed marked improvement from previous two periods

Hong Kong has been locked in recession for five consecutive quarters. Photo: Sun Yeung
Hong Kong has been locked in recession for five consecutive quarters. Photo: Sun Yeung
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