ECONOMIC PROSPECTS FOR 1999
 

Forecast rates of change in the Gross Domestic Product and its expenditure components and in the main price indicators in 1999 :

(i) Rates of change in real terms of :

     
     
    (%)
     
    (%)
     
    Private consumption expenditure
     
     
     
     2.5
     
    Government consumption expenditure
     
     
     
     4
     
    Gross domestic fixed capital formation
     
     
     
    -4.0
     
    transfer costs of land and buildings
     8    
    building and construction
    -3.8  
    real estate developers' margin
    -5    
    machinery and equipment
     
     -4.4
     
     
     
    Total exports of goods   -3.7
    domestic exports
    -5    
    re-exports
     
     -3.5
     
     
     
    Imports of goods
     
     
     
    -1.7
     
    Exports of services
     
     
     
      3  
     
    Imports of services
     
     
     
      2  
     
    Gross Domestic Product (GDP)     0.5
    Per capita GDP
      -0.9
    Per capita GDP at current market prices
    HK$189,300  
      (US$24,300)  

(ii) Rates of change in :

    Composite Consumer Price Index    -2  
    Consumer Price Index (A)    -1.5
    GDP deflator    -1  


Back to Budget 1999-2000 Previous Page Next Page Back to Finance Bureau Index