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Hong Kong’s Economy Contracts 4.2% YoY in Q4 2022

Hong Kong’s economy contracted by 4.2% year-on-year in the fourth quarter of 2022, marking the fourth consecutive quarter of contraction, according to a statement from the Hong Kong government. The slump was primarily driven by the collapsed export sector, which…

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Eurozone Economy Posts Modest Growth in Q4 2022

The European Union’s statistical office, Eurostat, has reported that the gross domestic product (GDP) in the eurozone rose by 0.1% in the fourth quarter of 2022. This follows a growth of 0.3% in the third quarter. On a yearly basis,…


Philippines GDP in Q4/2022 grows 7.2%

The Philippine National Statistics Office (PSA) has announced that the country’s gross domestic product (GDP) grew by 7.2% in the fourth quarter of 2022. This growth rate exceeded analysts’ expectations of 6.5% and marks an increase from the 7.6% growth…

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