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Hong Kong: Retail gross sales achieve steam in September
Newest studying: Retail gross sales elevated 4.8% on a year-on-year foundation in September, following a 3.4% improve within the prior month and marking a close to two-year excessive.
Relative to the earlier month’s figures, readings in September improved for supermarkets (-0.3% on a year-on-year foundation vs -2.7% in August) and meals and alcoholic drinks (+1.7% vs -5.1% in August). In distinction, readings worsened for gasoline (-14.4% vs -11.5% in August), clothes and footwear (-7.2% vs +4.9% in August) and jewellery, watches and valuables (+4.9% vs +15.3% in August).
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