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July goods exports up 20.1%

The volume of Hong Kong's total goods exports increased 20.1% year-on-year in July, the Census & Statistics Department announced today.   The volume of goods imports for the month rose 19.5% over July 2020.   Prices of goods exports and imports increased 5.6% and 5.5% year-on-year for the month.   On a seasonally adjusted basis, the volume of goods exports fell 5.3% in the three-month period ending July compared with the preceding three months, while the volume of goods imports decreased 0.8%.   Comparing the first seven months of the year with the same period in 2020, the volume of goods exports rose 25.3%, while that of goods imports increased 22.7%.   Prices of goods exports for the period increased 3.4%, while that of goods imports rose 3.3%. http://dlvr.it/S7hMTp

Electricity charges relief ready

The Government will provide a new round of electricity charges subsidy to eligible residential households from June.   The one-off $1,000 subsidy is one of the relief measures announced in the 2021-22 Budget to alleviate the impact of the economic downturn on the public. It is expected to benefit more than 2.7 million households, costing the Government about $2.8 billion.   Starting from June, $80 will be credited to each residential electricity account with CLP Power Hong Kong or Hongkong Electric Company on the first day of each month for 11 consecutive months, and $120 in the 12th month.   The credits, together with the unused credits provided under similar schemes in 2008, 2011, 2012, 2013 and 2020 and the relief provided under the Electricity Charges Relief Scheme, can be used to offset the billed charges for electricity consumed under an account.   Any unused credits can be carried forward under the same account until December 31, 2023 or the close of the account, whichever is earlier.   The credits will be reflected in the bills for residential accounts with the two electricity companies.   For enquiries, call CLP on 2678 2678 or Hongkong Electric on 2887 3411.
http://dlvr.it/S06MtY

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