Hong Kong Feb retail sales jump 19.3%, seen support from visitor growth
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Hong Kong's retail sales surged 19.3% in February year-on-year, marking the 10th consecutive month of growth, with total sales reaching HK$35 billion ($4.47 billion). This increase was driven by a 40.2% rise in visitor arrivals, particularly from the Chinese mainland. Notable sales growth was seen in jewellery (24.2%) and clothing (14.1%). The government anticipates continued support for retail businesses from the local economy and increasing visitor numbers.
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Source: CNA The copyright of this article belongs to the original author/organization.
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