Hong Kong June retail sales rise 4.6%, seem support from visitors growth

HONG KONG, Aug 4 : Hong Kong's retail sales jumped 4.6 per cent in value in June from a year earlier to HK$31.5 billion ($4.02 billion), marking the 14th month of gains, government data showed on Tuesday.• In May, retail sales jumped 7.9 per cent on the year. • In volume terms, June retail sales increased 2.3 per cent

Hong Kong’s retail sales rose by 4.6 per cent year on year in June, extending the growth streak to 14 months, with the government expecting continued economic growth, rising incomes and a steady increase in visitors to support the sector. The value of retail sales for the month reached HK$31.5 billion (US$4.01 billion)