India, Aug. 4 -- Hong Kong's retail sales growth moderated further in June to the lowest level in nearly a year, preliminary data from the Census and Statistics Department showed on Tuesday.
The value of retail sales rose 4.6 percent year-on-year in June, slower than the 7.9 percent growth in May. Moreover, this was the weakest growth since August 2025, when sales rose 3.9 percent.
The annual sales growth in consumer durable goods eased to 5.4 percent from a 9.1 percent surge in the prior month. Sales of jewelry, watches and clocks, and valuable gifts grew strongly but at a slower pace of 20.1 percent versus 26.0 percent in May. Demand for food, alcoholic beverages, and tobacco rebounded by 2.5 percent.
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