Economic Indicators
Hong Kong retail sales rise 0.2% in September
2022.11.01 05:02
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© Reuters. 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
HONG KONG (Reuters) – Hong Kong’s September retail sales climbed 0.2% from a year earlier thanks to an increase in sales of electrical goods and other consumer durable goods, government data showed on Tuesday.
Sales rose to HK$28.1 billion ($3.58 billion). That compared with a revised 0.2% slide in August.
In volume terms, retail sales fell 1.5% year-on-year in September. That compared with a revised 3.0% decline in August.
($1 = 7.8490 Hong Kong dollars)
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