
Hong Kong January retail sales rise 5.5% on sustained recovery momentum

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Hong Kong's retail sales rose 5.5% in January, marking the ninth consecutive month of growth, with total sales reaching HK$37.3 billion ($4.77 billion). The increase reflects ongoing economic recovery, despite a slight decline in clothing and footwear sales. Visitor arrivals also rose by 1.5% to 4.81 million. The government anticipates that strong economic growth and increased tourism will continue to support local consumption and benefit retail businesses.
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