Shoppers in Causeway Bay, Hong Kong. PwC sees the city’s retail sales falling 5 per cent for the whole of 2019. Photo: Reuters

Hong Kong’s retail sales will drop 5 per cent this year amid fall in numbers of mainland Chinese tourists, says PwC

  • The accounting giant’s estimate of a 5 per cent fall in retail sales is a downgrade from its earlier forecast of a 3 per cent drop
  • Government statistics showed first quarter retail sales fell 2 per cent from the same period last year
Topic |   Retailing

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Shoppers in Causeway Bay, Hong Kong. PwC sees the city’s retail sales falling 5 per cent for the whole of 2019. Photo: Reuters
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