Hong Kong - Change in Inventories

Hong Kong: Change in Inventories

Mnemonic CIVT.IHKG
Unit Mil. HKD, SA
Adjustments Seasonally Adjusted
Quarterly 163.64 %
Data 2018 Q4 -8,770
2018 Q3 13,781

Series Information

Source Census and Statistics Department Hong Kong Special Administrative Region (HKSARG)
Release National accounts
Frequency Quarterly
Start Date 3/31/1973
End Date 12/31/2018

Hong Kong: Business

Reference Last Previous Units Frequency
Change in Inventories 2018 Q4 -8,770 13,781 Mil. HKD, SA Quarterly
Industrial Production 2018 Q4 96.1 98.8 Index 2008=100, NSA Quarterly
Real Change in Inventories 2017 12,461,000,000 447,000,000 NCU Annual

Release Information

Quarterly national accounts for Hong Kong SAR; detailed expenditure and production approaches; in current and constant prices; with levels, growth and deflators. Quarterly from 2000.

Gross Domestic Product is a measure of the total cost of production of all occupant producing units of a country or territory in a stated period, before subtracting allowance for consumption of fixed capital.

Per capita GDP of a country or territory is found by dividing total GDP in a year by the population of that country or territory in the identical year.

GDP can be measured using alternate methods. For Hong Kong, GDP is collected using the expenditure approach and the production approach.

For chained prices, the currency reference year is updated every year. As of 2018 it is 2016.

Collection of GDP through the expenditure approach is the total final expenditures on goods and services (including private consumption expenditure, government consumption expenditure, gross domestic fixed capital formation, changes in inventories and exports of goods and services), minus imports of goods and services.

The collection structure of GDP and Gross National Income (GNI) agrees fundamentally with the global principles as specified in the System of National Accounts 2008 (2008 SNA). GDP by expenditure component at current market prices and in volume terms are collected. Modifications in "volume measure of GDP" (also denoted as changes in real terms) mirror modifications in the volumes of goods and services produced or purchased from one period to another.

In calculating the year-on-year growth rate of private consumption expenditure (PCE) for 1992, the 1991 figures was adjusted to exclude the expenditure of ex-subvented hospitals (now called public hospitals).   This is because, after the establishment of the Hospital Authority, ex-subvented hospitals started to function as instruments of the government to implement the provision of subsidised hospital services to the general public.  In this regard, ex-subvented hospitals, which were previously classified as PCE, are now classified as government consumption services (GCE).  The adjustment to the PCE figure for 1991 is for comparability with the figure for 1992. This avoids any distortion of the year-on-year growth rates due to the change in classification. For details, please refer to paragraphs 3.26 and 3.27 of our annual GDP report at http://www.censtatd.gov.hk/hkstat/sub/sp250.jsp?productCode=B1030002

Revisions sometimes are produced by the source in future quarterly releases. These revisions are captured in the database.

For chained prices, the currency reference year is updated annually.