Hong Kong retail sales surge 12 per cent in October as rebound extends for ninth straight month

Hong Kong’s retail sales in October surged 12 per cent year on year, marking the ninth straight month of a rebound, as the government’s HK$36 billion (US$4.6 billion) electronic consumption voucher scheme continued to sustain the recovery.Provisional figures released by the Census and Statistics Department on Tuesday showed October sales jumped to HK$30.7 billion. For the first 10 months of 2021, total retail sales grew 8.5 per cent compared with a year ago.A government spokesman said the…


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