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Hong Kong's GDP in the third quarter rose by 8.2%, the highest rate since the second quarter of 2004, according to the Census and Statistics Department.

In quarter-on-quarter terms, real GDP increased by 2.7%, on a seasonally adjusted basis, for the ninth consecutive quarter.

In light of the very strong overall performance in the nine months of 2005, the government has revised its GDP growth forecast for 2005 up to 7%, from 4.5-5.5%.

Economic Research Unit
Franklin + Andrews

eru@franklinandrews.com