GDP growth in Hong Kong (09.30 BST), which remained relatively weak at the end of last year, is likely to have picked up slightly in Q1. Capital Economics expects private consumption growth to have risen after underperforming through most of 2014, while investment growth is likely to have fallen. But given the importance of exports in driving Hong Kong’s GDP, global economic trends remain the dominant factor in determining growth. For Q1, data already released show that export growth is likely to have rebounded, helped by a weak base for comparison.
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