(Reuters) – Hong Kong’s January retail sales rose 7% from a year earlier as economic sentiment improved alongside further relaxation of social distancing measures, government data showed on Thursday.
Sales increased to HK$36.2 billion ($4.61 billion) in a second consecutive month of growth.
That compared with a revised 1.2% rise in December.
In volume terms, retail sales increased 5.1% year on year in January. That compared with a revised 0.6% decrease in December.
($1 = 7.8496 Hong Kong dollars)
(Reporting by Donny Kwok and Twinnie Siu; editing by Jason Neely)
