(i) Rates of change in real terms of :
 

	(%)	(%)
Private consumption expenditure		-6.6
Government consumption expenditure		0.9
Gross domestic fixed capital formation		-5.8
transfer costs of land and buildings	-45.0
building and construction	-3.2
real estate developers' margin	8.5
machinery and equipment	-6.9
Total exports of goods		-4.3
domestic exports	-7.9
re-exports	-3.7
Imports of goods		-7.2
Exports of services		-6.6
Imports of services		-0.6
Gross Domestic Product (GDP)		-5.1
Per capita GDP		-7.8
Per capita GDP at current market prices	HK$192,800
	(US$24,900)

Composite Consumer Price Index		2.8
Consumer Price Index (A)		2.6
GDP deflator		1.1

(i) Annual rates of change in real terms of :
 

	Domestic exports	Re-exports
	(%)	(%)
1996	-8	8
1997	2	7
1998#	-8	-4
# Estimated using trade indices available up to November 1998.

(ii) Shares of domestic exports and re-exports in the value of total exports :
 

	Domestic exports	Re-exports
	(%)	(%)
1993	21	79
1994	19	81
1995	17	83
1996	15	85
1997	15	85
1998	14	86

Retained imports
	Total	Foodstuffs and consumer goods	Raw materials and semi-manufactures	Capital goods
	(%)	(%)	(%)	(%)
1996	-2	-8	*	1
1997	8	7	7	22
1998#	-14	-21	-18	-9

*   Change of less than 0.5%.
#   Estimated using trade indices available up to November 1998.

	HK$Billion
Domestic exports	188
Re-exports	1,159
Total exports	1,348
Imports*	1,432
Visible trade balance		-85
Invisible trade balance#		89
Balance on visible and invisible trade combined#		4

*   Including an estimate of imports of gold for industrial use.
#   Preliminary estimate.

	Unemployment rate	Underemployment rate
	(%)	(%)
1996	2.8	1.7
1997	2.2	1.2
1998	4.7	2.5

	Composite CPI	CPI(A)	CPI(B)	Hang Seng CPI
	(%)	(%)	(%)	(%)
1996	6.3	6.0	6.4	6.6
1997	5.8	5.7	5.8	6.1
1998	2.8	2.6	2.8	3.2