(Corrects content after unrelated story attached in error)
HONG KONG (Reuters) – Hong Kong’s September retail sales fell 6.9% from a year earlier, reflecting the continued impact of a change in consumption patterns, government data showed on Friday.
Sales fell to HK$29.57 billion ($3.80 billion) in a seventh consecutive month of decline after a revised 10.0% decline in August, a 11.7% fall in July, a 9.7% fall in June, a 11.5% drop in May, a 14.7% drop in April and a 7% decline in March.
In volume terms, retail sales fell 8.7% year-on-year in September, compared with a revised 11.7% drop in August, 13.2% decline in July, 11.2% fall in June, a 12.9% drop in May, a 16.5% plunge in April and a 8.7% decrease in March.
(This story has been corrected to fix the content after an unrelated story was attached in error)
(Reporting by Jessie Pang and Donny Kwok; Editing by Philippa Fletcher)
Comments