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Tue, 30 Mar 2021 17:15   Kathleen Magramo

Hong Kong retail slump finally turns around in February, with sales jumping 30 per cent year on year

Hong Kong’s protracted retail slump finally turned around in February, jumping 30 per cent from the same period last year when sales hit a record low as the coronavirus pandemic began to hobble the global economy.Provisional figures released by the Census and Statistics Department on Tuesday showed retail sales totalled HK$29.5 billion (US$3.8 billion) in February. For the first two months of 2021 combined, the retail sales value rose 2.7 per cent compared with a year ago. Annie Tse Yau On-yee,…

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