Hong Kong’s retail recovery extends into November with sales climbing 6.5%

Hong Kong’s retail recovery extended into November last year, with sales climbing 6.5 per cent year on year as authorities pointed to improving local consumption, macroeconomic stability and growth in visitor numbers. Official figures released on Friday placed November’s provisional estimate for retail sales value at HK$33.7 billion (US$4.3 billion), the third consecutive month of growth at above 6 per cent level year on year. “Retail sales sustained its recovery momentum in November,” a...