Hong Kong retail sales rise 8.6% in April on back of higher visitor arrivals
Hong Kong's retail sales experienced an 8.6% year-on-year increase in April, marking the 12th consecutive month of recovery. This growth was primarily driven by a rise in visitor arrivals and increased holiday spending. Overall, retail sales for the first four months of the year saw an 11.3% rise compared to the previous year, with notable surges in motor vehicle and electrical goods sales. AI
