Tuesday, December 2, 2008

HK retail sales weaken


HK retail sales weaken
02-12-2008

Hong Kong's retail sales weakened considerably in October, rising by just 0.3 percent - the slowest growth in five years. The figure is sharply down from a revised 7 percent increase in September. Sales of luxury items fell the most. Car sales slumped by almost a quarter and jewellery by over 10 percent.

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