Hong Kong Monetary Authority - Annual Report 2005

According to the Hong Kong Monetary Authority's Annual Report 2005, Hong Kong enjoyed robust economic growth in 2005, following a strong and broad-based recovery in 2004.

Real GDP grew by a healthy 7.3%, slightly lower than the 8.6% growth in 2004, which reflected the rebound from the SARS outbreak in the previous year. The unemployment rate continued to decline to a four-year low of 5.3% at the end of December, well down from its historic peak of 8.6% in mid-2003, although still high by

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