Hong Kong Retail Sales Plunge 7.5% YoY, Fall For 14th Consecutive Month

Wednesday, June 1, 2016
By Paul Martin

by Tyler Durden

April sales of jewellery, watches, clocks and valuable gifts fell 16.6 percent in value terms, a 20th consecutive month of decline, while durable consumer goods fell the most at 31.6 percent in Hong Kong. Hardly the signal that all is well among the rich.. and poor in China.

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