HONG KONG (Reuters) – Hong Kong’s March sales rose 40.9% from a year earlier as consumer and visitor spending continued to improve, though the low base of comparison also contributed, government data showed on Thursday.
Sales increased to HK$33.6 billion ($4.28 billion) in a fourth consecutive month of growth. That compared with a 31.3% rise in February.
In volume terms, retail sales increased 39.4% year-on-year in March. That compared with a revised 29.7% growth in February.
($1 = 7.8481 Hong Kong dollars)
(Reporting by Donny Kwok and Twinnie Siu; Editing by Andrew Heavens)
