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Macau 2Q GDP down 39pct as gaming exports slump

August 29, 2022
Source: ggrasia.com ggrasia.com
News Snapshot:
Aug 29, 2022 Newsdesk Latest News, Macau, Top of the deck   Macau’s gross domestic product (GDP)declined by 39.3percent year-on-year in real terms inthe second quarter of 2022, according to data from the city’s Statistics and Census Service.That wasa“steeper drop”compared to the 8.9-percentdecrease in the previous quarter, said the statistics bureau in areport published on Friday. The figures showed that exports of services in the three months to June 30 fell by 48.6 percent year-on-year. Of those, exports of gaming services and other tourism services declined by 69.6 percent and 41.4 percent year-on-year respectively. Gaming services in Macau are included...
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