MarketsNotableReported
6.1
Hong Kong Q3 GDP expands on exports, tourism; Chan flags Middle East, inflation risks
South China Morning PostLO·HK·3 days ago
Tourist spending in Costa Rica reached record levels in dollar terms, but the strong colón reduces the local-currency value of each tourist's expenditure, causing reported income to decline. This highlights the exchange-rate squeeze on tourism entrepreneurs, a key export sector. The development signals potential pressure on local business margins and could influence economic growth expectations.