Hong Kong retail sales rise 1.1% in December

Kitco Media
By Reuters
Published:
Updated:
Reuters
HONG KONG, Feb 3 (Reuters) - Hong Kong's December retail sales rose 1.1% from a year earlier as economic sentiment improved alongside with further relaxation of social distancing measures, government data showed on Friday. Sales increased to HK$33.7 billion ($4.3 billion). That compared with a revised 4.1% decline in November. In volume terms, retail sales decreased 0.7% year-on-year in December. That compared with a revised 5.3% decrease in November. ($1 = 7.8463 Hong Kong dollars) (Reporting by Donny Kwok and Twinnie Siu; Editing by Alex Richardson)

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