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HK Retail  Sales Fall
World Economy

HK Retail Sales Fall

Hong Kong’s retail sales by value fell 14.6% in January from a year earlier, partly distorted by the different timing of Lunar New Year, which fell in mid-February this year and in late January last year, the Census and Statistics Department said Tuesday, Nasdaq reported. The decline was worse than December’s 4.0% decrease and the median 5.5% fall forecast by three economists.

 

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