Economic Indicators
Hong Kong June retail sales slip 1.2%
2022.08.02 12:09
FILE PHOTO: People wearing protective masks walk inside the International Finance Center (IFC) shopping mall, following the coronavirus disease (COVID-19) outbreak in Hong Kong, China September 14, 2020. REUTERS/Tyrone Siu/File Photo
HONG KONG (Reuters) – Hong Kong’s June retail sales slipped 1.2% from a year earlier tracking a slight drop in the previous month, government data showed on Tuesday.
Sales eased to HK$27.7 billion ($3.53 billion), having decreased a revised 1.6% in May.
In volume terms, retail sales fell 4.1% year-on-year in June, compared with a revised 4.8% decline in May.
($1 = 7.8497 Hong Kong dollars)
