News Detail

RATE OF ECONOMIC GROWTH SLOWS TO 8.1 PCT IN Q2

  • 2014-09-01

2014/9/1

From:Macau Business

 

The economy was 8.1 percent bigger in the second quarter of this year than a year earlier, official data show.

The Statistics and Census Service says the annual rate of growth in the gross domestic product slowed from 12.4 percent in the first quarter largely because exports of gaming services were worth 0.5 percent less.

It attributed the annual growth in the second quarter mainly to investment, gross fixed capital formation having increased by 52.7 percent, and to exports of tourism services other than gaming, which increased by 10.4 percent.

 

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