According to official records, Hong Kong's economy has left a year-long recession, recording a growth of 3.3\% in June's second quarter . The figures, which were seasonally adjusted, were higher than forecast by economists. As a result, the government has increased its growth predictions for 2009. Previously, estimates suggested the economy would contract by 5.5\% to 6.5\%. Now, the contraction is only predicted to be between 3.5\% and 4.5\%.
According to official records, Hong Kong's economy has left a year-long recession, recording a growth of 3.3\% in the second quarter ended in June . The figures, which were seasonally adjusted, were higher than forecast by economists. As a result, the government has increased its growth predictions for 2009. Previous estimates suggested the economy would contract by 5.5\% to 6.5\%. Now, the contraction is only predicted to be between 3.5\% and 4.5\%.
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June's second quarter
the second quarter ended in June
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Previously,
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