India, June 2 -- Hong Kong's retail sales value declined at a slower pace in April, preliminary data from the Census and Statistics Department showed on Monday.
The value of retail sales fell 2.3 percent year-on-year in April, slower than the 3.5 percent drop in March. Sales have been falling since March 2024.
Online sales, which accounted for 8.1 percent of the total sales value in April, decreased by 3.5 percent from last year versus a 0.5 percent decline in the previous month.
Sales of consumer durable goods decreased 22.9 percent, and those of clothing, footwear, and allied products slid by 5.5 percent. Meanwhile, sales at department stores showed an increase of 2.1 percent.
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