HONG KONG (Reuters) – Hong Kong’s July retail sales jumped 4.1% from a year earlier, snapping two consecutive months of decline, government data showed on Wednesday.
Sales eased to HK$28.3 billion ($3.61 billion), having decreased by 1.3% in June.
In volume terms, retail sales rose 1.0% year-on-year in July after falling for two straight months.
That compared with a 4.2% decline in June.
($1 = 7.8477 Hong Kong dollars)
(Reporting by Donny Kwok and Twinnie Siu; Editing by Gareth Jones)
