City’s economic growth slows to 10.2 pct in Q2

2013-9-2

From：Macau Business

Second-quarter real gross domestic product was 10.2 percent higher than a year earlier, with growth led by increases in exports of gaming services and tourism services, the government says.

Secretary for the Economy and Finance Francis Tam Pak Yuen said growth would keep slowing in the second half.

“Even though economies elsewhere are fluctuating and unstable, Macau was still able to maintain growth of 10 percent in the first half, which, we think, is a pretty ideal situation,” he said.

“We will maintain our earlier forecast of GDP growth for this year, which is for single-digit growth.”

Copyright@Macau Business