HONG KONG : Hong Kong's April retail sales rose 15 per cent from a year earlier in the fifth consecutive month of growth as consumer sentiment and tourist arrivals continued to improve, government data showed on Thursday.Sales increased to HK$34.7 billion ($4.42 billion). That compared with a revised 40.8
HONG KONG : Hong Kong's April retail sales rose 15 per cent from a year earlier in the fifth consecutive month of growth as consumer sentiment and tourist arrivals continued to improve, government data showed on Thursday.
All border checkpoints were reopened fully in early February and the city dropped its COVID-19 mask mandate from March 1 in a move to lure back visitors and restore normal life more than three years after stringent rules were first imposed in the financial hub. In volume terms, retail sales increased 13.3 per cent year-on-year in April. That compared with revised 39.3 per cent growth in March and 29.7 per cent growth in February.
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