US EditionHong Kong Feb Retail Sales Jump 19.3%, Seen Support From Visitor Growth
Visitor arrivals rose 40.2% and mainland visitors 53.4%, helping lift sales in jewellery and clothing, the government said.
7 Articles
7 Articles
Hong Kong Retail Sales Skyrocket by 19%: A Decade of Growth Boosted by Surge in Visitor Numbers
read the original version on: www.retailnews.asia February saw a significant upswing in Hong Kong’s retail sales, with a 19.3 per cent surge compared to the same month in the previous year. This marks a full 10 months of consistent gains, demonstrating the robust health of the retail sector. Broad-Based Growth Across Retail Outlets A variety of retail outlets experienced growth in […] The post Hong Kong Retail Sales Skyrocket by 19%: A Decade of…
Hong Kong’s retail sales surge in highest gain since mid-2023
Government data shows total retail sales value jumped to about HK$35 billion, driven by a rebound in tourism and steady local demand in the city The post Hong Kong’s retail sales surge in highest gain since mid-2023 appeared first on Macao News.
Hong Kong's total retail sales value in February was provisionally estimated at HK$35 billion, up 19.3% year-on-year; after adjusting for price changes, the year-on-year increase was 17.5%. Annie Tse, Chairperson of the Hong Kong Retail Management Association, stated that the combined retail sales for the first two months of this year increased by 11.8% year-on-year, reflecting an improved consumer sentiment. She analyzed that the automotive and…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
