FOREX TradingCharts.com

Financial News: Hong Kong Trade Deficit Narrows In February

Hong Kong Trade Deficit Narrows In February

03/26/2020 - 04:49:00 (RTTNews)

(RTTNews) - Hong Kong's trade deficit decreased in February, as exports rise and imports fall, data from the Census and Statistics Department showed on Thursday.

The trade deficit widened to HK$38.551 billion in February from HK$48.834 billion in the same month last year. In January, the trade deficit was HK$ 30.595 billion.

Exports rise 4.3 percent annually in February after a 22.7 percent fall in the previous month.

Imports decreased 0.1 percent in February, following a 16.4 percent decline in the previous month.

On a monthly basis, exports and imports dropped 11.4 percent and 7.6 percent, respectively, in February.

" Merchandise exports turned to a moderate year-on-year increase in February mainly due to the distortions from the timing of the Lunar New Year," a government spokesman said.

"Taking the first two months of 2020 together, the fall in merchandise exports widened to 12.0 percent in value terms, reflecting the serious disruptions to regional trading and production activities caused by the COVID-19 outbreak."

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


China's Inflation Eases In March; PPI Falls For Second Month (01 hr(s), 09 min(s), 38 sec(s) ago)
(RTTNews) - China's consumer price inflation slowed more-than-expected to a five-month low in ...Full Story»

China Inflation Slows To 4.3% In March (16 min(s), 22 sec(s) ago)
(RTTNews) - Consumer prices in China were up just 4.3 percent on year in March, the National Burea ...Full Story»

Japan Overall Bank Lending Rises 2.0% In March (46 min(s), 22 sec(s) ago)
(RTTNews) - Overall bank lending in Japan was up 2.0 percent on year in March, the Bank of Japan s ...Full Story»

Japan Producer Prices Sink 0.9% In March (31 min(s), 22 sec(s) ago)
(RTTNews) - Producer prices in Japan were down 0.9 percent on month in March, the Bank of Japan sa ...Full Story»

China Inflation Data Due On Friday (31 min(s), 22 sec(s) ago)
(RTTNews) - China will on Friday release March figures for consumer and producer prices, highlight ...Full Story»

Powell Expects 'Robust' Economic Recovery When Coronavirus Is Contained (59 min(s), 22 sec(s) ago)
(RTTNews) - Despite the havoc being wreaked on the world by the coronavirus outbreak, Federal Rese ...Full Story»

NIESR Sees UK GDP Contraction Of 15-25% In Q2 On Covid-19 (57 min(s), 22 sec(s) ago)
(RTTNews) - The UK economy would be plunged into a severe recession in the second quarter if the l ...Full Story»

ECB Minutes: Members Saw Need For Bold, Decisive Action Against Covid-19 Shock (24 min(s), 22 sec(s) ago)
(RTTNews) - ECB policymakers agreed that there was need for decisive action to support the euro ar ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

China's Inflation Eases In March; PPI Falls For Second Month

04/10/2020 - 01:19 AM (RTTNews)
(RTTNews) - China's consumer price inflation slowed more-than-expected to a five-month low in ...Full Story>>

China Inflation Slows To 4.3% In March

04/09/2020 - 21:45 PM (RTTNews)
(RTTNews) - Consumer prices in China were up just 4.3 percent on year in March, the National Burea ...Full Story>>

Japan Overall Bank Lending Rises 2.0% In March

04/09/2020 - 20:15 PM (RTTNews)
(RTTNews) - Overall bank lending in Japan was up 2.0 percent on year in March, the Bank of Japan s ...Full Story>>

Japan Producer Prices Sink 0.9% In March

04/09/2020 - 20:00 PM (RTTNews)
(RTTNews) - Producer prices in Japan were down 0.9 percent on month in March, the Bank of Japan sa ...Full Story>>

China Inflation Data Due On Friday

04/09/2020 - 18:00 PM (RTTNews)
(RTTNews) - China will on Friday release March figures for consumer and producer prices, highlight ...Full Story>>
Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.