India, July 2 -- Hong Kong's retail sales value increased for the first time in more than a year in May, preliminary data from the Census and Statistics Department showed on Wednesday.
The value of retail sales rose 2.4 percent year-on-year in May, reversing a 2.3 percent drop in March. Moreover, this was the first growth since March 2024.
Online sales, which accounted for 8.0 percent of the total sales value in April, increased by 0.3 percent from last year versus a 3.7 percent decline in the previous month.
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Sales at department stores grew by 6.3 percent annually in May, and sales of other consumer goods climbed by 7.6 percent. Sales at supermarkets ro...