Hong Kong May retail sales fall 1.7%

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FILE PHOTO: People wearing protective masks walk inside IFC in Hong Kong

HONG KONG – Hong Kong’s May retail sales fell 1.7% from a year earlier after a sharp increase the previous month, government data showed on Thursday.

Sales eased to HK$29.1 billion ($3.71 billion), having jumped 11.7% in April. The government said that over April and May together there was a year-on-year increase of 4.7%.

($1 = 7.8451 Hong Kong dollars)

(Reporting by Donny Kwok and Twinnie Siu; Editing by David Goodman)

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