The woes of Hong Kong’s floundering retail sector continued in August. Photo: Nora Tam The woes of Hong Kong’s floundering retail sector continued in August. Photo: Nora Tam
The woes of Hong Kong’s floundering retail sector continued in August. Photo: Nora Tam

Hong Kong retail sales drop 13 per cent in August, continuing 19-month downward spiral

  • Official figures show consumer spending shrank for the 19th straight month, to HK$25.6 billion
  • Sales in 2020 so far are nearly a third lower than in the same eight-month period last year

Topic |   Coronavirus pandemic
The woes of Hong Kong’s floundering retail sector continued in August. Photo: Nora Tam The woes of Hong Kong’s floundering retail sector continued in August. Photo: Nora Tam
The woes of Hong Kong’s floundering retail sector continued in August. Photo: Nora Tam
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