Hong Kong

Exports YoY climbed to -9.1 in July 2023

Exports YoY climbed to -9.1 in July 2023, up 2.3 from June's -11.4 reading. The print exceeded the -13.6 consensus by 4.5. Exports YoY has now risen for 3 consecutive months. Over the past 3 months, Exports YoY averaged -13.33, vs -15.67 in the prior 3-month window. The reading is in the 35th percentile of the trailing 24-month range.