GDP growth slows to 6 pct in Q2

2018-08-27 07:44
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Macau’s gross domestic product (GDP) growth in the second quarter of this year slowed to 6 percent year-on-year in real terms, the Statistics and Census Bureau (DSEC) said in a statement yesterday.

The DSEC statement pointed out that GDP growth in the second quarter was lower than the 9.2 percent rise in the previous quarter due to a smaller increase in exports of services and a notable decline in investment.

External demand maintained growth, pushing up exports of services by 13 percent year-on-year, with exports of gaming services and other tourism services rising 13.7 percent and 13.0 percent respectively.

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