Hong Kong's retail sales value increased for the third straight month in July, preliminary data from the Census and Statistics Department showed on Monday.
The value of retail sales climbed 1.8 percent year-on-year in July, faster than the 0.7 percent rise in June.
Online sales, which accounted for 8.7 percent of the total sales value in July, surged by 13.2 percent from last year versus a 13.1 percent growth in the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.