Hong Kong May retail sales fall 1.7%

Hong Kong May retail sales fall 1.7%
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 : Hong Kong’s May retail sales fell 1.7 per cent from a year earlier after a sharp increase the previous month, government data showed on Thursday.

Sales eased to HK$29.1 billion ($3.71 billion), having jumped 11.7 per cent in April. The government said that over April and May together there was a year-on-year increase of 4.7 per cent.

($1 = 7.8451 Hong Kong dollars)



Source: Reuters