Macau gross domestic product (GDP) in the first quarter of this year grew by 9.2 percent year-on-year in real terms, 1.2 percentage points higher than the 8.0 percent rise in the previous quarter, the Statistics and Census Bureau (DSEC) said yesterday.
According to a DSEC statement, economic growth in the first quarter was mainly driven by exports of services and private consumption.
External demand expanded further, which pushed up total exports of services by 16 percent year-on-year, with exports of gaming services and other tourism services growing by 16.5 percent and 19.6 percent respectively. Exports of goods went up by 12.8 percent.
PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.
