Hong Kong's retail sales growth moderated in January to the lowest level in five months, preliminary data from the Census and Statistics Department showed on Wednesday.
The value of retail sales climbed 5.5 percent year-on-year in January, slower than the 6.6 percent rise in December. Moreover, this was the weakest growth since August 2025, when sales rose 3.9 percent.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.