Hong Kong's retail sales growth moderated in March after accelerating in the previous month, preliminary data from the Census and Statistics Department showed on Wednesday.
The value of retail sales grew 12.8 percent year-on-year in March, slower than the 19.3 percent surge in February, which was the strongest growth since June 2023. Moreover, this was the fastest growth since June 2023, when sales grew 19.5 percent.
For comments and feedback contact: editorial@rttnews.com
Business News
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.