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Hong Kong's retail sales rose 3.8% year-on-year in August, fueled by record tourism and strong consumer demand.
Hong Kong's retail sales rose 3.8% year-on-year in August, the fastest growth in over 20 months, driven by strong inbound tourism, improved consumer sentiment, and government tourism initiatives.
Sales volume increased 3.2%, with jewelry, watches, and luxury goods surging 16.4%.
Online sales grew 8.9% annually, making up 8.4% of total sales.
The city welcomed a record 5.15 million visitors in August, boosting retail activity ahead of the upcoming holiday season.
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Las ventas al por menor de Hong Kong aumentaron un 3,8% interanual en agosto, impulsadas por un turismo récord y una fuerte demanda de los consumidores.