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Hong Kong March retail sales fall 3.5%

By Thomson Reuters May 2, 2025 | 3:45 AM

HONG KONG (Reuters) -Hong Kong’s retail sales by value fell by 3.5% in March from a year earlier, marking an 13th consecutive month of declines, government data showed on Friday.

Sales declined to HK$30.1 billion ($3.88 billion), with the percentage change narrowing from a 13% fall in February.

In volume terms, March retail sales fell 4.8% from a year earlier, compared with a 15.1% decline in February.

($1 = 7.7553 Hong Kong dollars)

(Reporting by Hong Kong newsroom. Editing by Mark Potter)