Macau’s gross domestic product decreased by 2.1 percent year-on-year in real terms in the third quarter, the first negative quarterly growth in five years, the Statistics and Census Bureau (DSEC) has announced. According to a DSEC statement, the economic downturn in the third quarter “was triggered by a substantial decline in exports of services, of […]
GDP
Macau’s economy grew by 8.1 percent in real terms in the second quarter of 2014, unchanged compared to figure reported for the same period of 2013 but lower than the 12.4 percent seen in the first quarter of this year, the region’s Statistics and Census Bureau reported. The Bureau explained the economic slowdown in Macau […]