Hong Kong’s retail sales increased 12.8 per cent year-on-year in March, reaching HK$33.9 billion (S$4.33 billion). The growth marks the 11th consecutive month of expansion across most retail outlet categories. The rise was driven by local consumer demand and tourism activity.
- 📈 Retail sales grew 12.8% year-on-year to HK$33.9 billion in March
- 🛍️ Growth sustained for 11 consecutive months across most retail outlet types
- 🌏 Local consumer spending and tourism activity are primary growth drivers
Source: Channel NewsAsia – Read the full article →