Hong Kong’s retail sales in July were up 2.9 per cent from the same period in 2020. Photo: K. Y. Cheng Hong Kong’s retail sales in July were up 2.9 per cent from the same period in 2020. Photo: K. Y. Cheng
Hong Kong’s retail sales in July were up 2.9 per cent from the same period in 2020. Photo: K. Y. Cheng

Hong Kong retail sales inch up just 2.9 per cent in July, but spending leap expected on back of consumption voucher roll-out

  • Year-to-year gains the lowest in six months, while actually dipping 3.2 per cent compared with June
  • But government spokesman says he expects August kick-off of consumption voucher programme to have positive impact on the rest of the year

Topic |   Hong Kong economy
Hong Kong’s retail sales in July were up 2.9 per cent from the same period in 2020. Photo: K. Y. Cheng Hong Kong’s retail sales in July were up 2.9 per cent from the same period in 2020. Photo: K. Y. Cheng
Hong Kong’s retail sales in July were up 2.9 per cent from the same period in 2020. Photo: K. Y. Cheng
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