Hong Kong’s November retail sales fell 4.2 percent from a year earlier, snapping two straight months of growth with tightened financial conditions weighing on local demand, government data showed. | Reuters
HONG KONG – Hong Kong’s November retail sales fell 4.2 percent from a year earlier, snapping two straight months of growth with tightened financial conditions weighing on local demand, government data showed on Wednesday.ADVERTISEMENT
In volume terms, retail sales decreased 5.3 percent year-on-year in November. That compared with a revised 2.5 percent increase in October.
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