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ECONOMY Hong Kong's GDP fell in the second quarter at an annualised rate of 3.2%, after a particularly strong first quarter; the increase on a year earlier was again in double digits, at 10.8%. Growth in the Philippines quickened to 4.5% in the 12 months to the second quarter, but it slowed to 2.4% in South Africa. Mexico's 12-month trade deficit widened to $6.4 billion in July.
This article appeared in the Economic & financial indicators section of the print edition under the headline “ECONOMY”
From the September 2nd 2000 edition
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