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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

Rents for new public housing flats set

The Housing Authority today said rents for 10,445 flats of nine blocks at a new public rental housing estate and two existing ones, to be completed between July and December, have been set at the best rent levels in their respective districts.   The best monthly rent in the urban district, at $93.8 per sq m, will apply to 1,040 flats in Hoi Shing House of Hoi Tat Estate.   The best monthly rent in Kwai Chung District, at $90.7 per sq m, will apply to 540 flats in Heng King House of Lai King Estate.   Fanling District's best monthly rent of $66.5 per sq m will apply to 8,865 flats in seven blocks of Queen’s Hill Estate.   Under this rent-fixing exercise, the rent for more than 91.6% of the flats are below $2,500 per month.   The authority noted that the rents are heavily subsidised and are inclusive of rates, management fees and maintenance costs.   Those who are allocated new flats but cannot afford the rents may request refurbished flats at lower rents or apply for assistance under the Rent Assistance Scheme, it added.
http://dlvr.it/S1WJGw

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