FOREX TradingCharts.com

Financial News: Hong Kong Retail Sales Fall For Seventh Month

Hong Kong Retail Sales Fall For Seventh Month

10/02/2019 - 07:11:00 (RTTNews)

(RTTNews) - Hong Kong's retail sales declined for the seventh straight month in August, provisional figures from the Census and Statistics Department showed on Wednesday.

The volume of retail sales dropped 25.3 percent year-on-year in August, following a 13.1 percent fall in July.

The value of retail sales decreased 23.0 percent in August, following a 11.5 percent in the previous month. Economists had expected a 14.0 percent fall.

Sales of jewellery, watches and clocks, and valuable gifts declined 47.4 percent in August and that of clothing, footwear and allied products fell 32.1 percent.

"Apart from the weak consumer sentiment amid subdued economic conditions, the plunge in August mainly reflected the severe disruptions to inbound tourism and consumption-related activities caused by the local social incidents," a government spokesman said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Singapore Exports Continue To Fall In September (15 min(s), 05 sec(s) ago)
(RTTNews) - Singapore's non-oil domestic exports continued to decline in September albeit at a ...Full Story»

Australia Jobless Rate Eases To 5.2% In September (02 hr(s), 53 min(s), 05 sec(s) ago)
(RTTNews) - The unemployment rate in Australia came in at a seasonally adjusted 5.2 percent in Sep ...Full Story»

Australia Unemployment Data Due On Thursday (05 hr(s), 38 min(s), 05 sec(s) ago)
(RTTNews) - Australia will on Thursday release jobless numbers for September, highlighting a modes ...Full Story»

Fed Says U.S. Economy Expanding At Slight To Modest Pace (09 hr(s), 12 min(s), 05 sec(s) ago)
(RTTNews) - Two weeks ahead of the Federal Reserve's next monetary policy meeting, the central ...Full Story»

U.S. Business Inventories Virtually Unchanged In August (13 hr(s), 09 min(s), 05 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Wednesday showing little change in U.S. b ...Full Story»

U.S. Homebuilder Confidence Unexpectedly Shows Continued Improvement (13 hr(s), 11 min(s), 05 sec(s) ago)
(RTTNews) - Homebuilder confidence in the U.S. unexpectedly climbed to its highest level in well o ...Full Story»

Hong Kong Banks Agree To Adopt Measures To Support Small Enterprises: HKMA (13 hr(s), 26 min(s), 05 sec(s) ago)
(RTTNews) - Hong Kong's banks agreed to take measures to support small and medium enterprises, ...Full Story»

U.S. Retail Sales Unexpectedly Decrease Amid Pullback In Auto Sales (14 hr(s), 26 min(s), 05 sec(s) ago)
(RTTNews) - Retail sales in the U.S. unexpectedly decreased in the month of September, according t ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Singapore Exports Continue To Fall In September

10/16/2019 - 23:23 PM (RTTNews)
(RTTNews) - Singapore's non-oil domestic exports continued to decline in September albeit at a ...Full Story>>

Australia Jobless Rate Eases To 5.2% In September

10/16/2019 - 20:45 PM (RTTNews)
(RTTNews) - The unemployment rate in Australia came in at a seasonally adjusted 5.2 percent in Sep ...Full Story>>

Australia Unemployment Data Due On Thursday

10/16/2019 - 18:00 PM (RTTNews)
(RTTNews) - Australia will on Thursday release jobless numbers for September, highlighting a modes ...Full Story>>

Fed Says U.S. Economy Expanding At Slight To Modest Pace

10/16/2019 - 14:26 PM (RTTNews)
(RTTNews) - Two weeks ahead of the Federal Reserve's next monetary policy meeting, the central ...Full Story>>

U.S. Business Inventories Virtually Unchanged In August

10/16/2019 - 10:29 AM (RTTNews)
(RTTNews) - The Commerce Department released a report on Wednesday showing little change in U.S. b ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.