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Hong Kong retail sales show 19.6 per cent rise to HK$33.1 billion in June, boosted by tourism and consumer demand
- June figures mark increase in retail sales for seventh month in a row
- Hong Kong recorded 2.75 million visitors in June, bringing total for first six months to 12.88 million
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![Strong comsumer demand, as well as a rebound in tourist numbers, helped boost the economy in June. Photo: Jonathan Wong](https://cdn.i-scmp.com/sites/default/files/styles/1020x680/public/d8/images/canvas/2023/08/01/ae718af3-a035-45ef-b990-5b2fc6597235_b3cd4c45.jpg?itok=M_oW4Cgw&v=1690881443)
Hong Kong’s retail sales posted a 19.6 per cent rise in June compared with the same month last year, fuelled by a rebound in tourism and strong consumer demand.
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Provisional statistics released by the Census and Statistics Department on Tuesday showed retail sales in June hit HK$33.1 billion (US$4.2 billion), down on the HK$34.5 billion recorded in May.
Retail sales for the first half of 2023 jumped 20.7 per cent over the same period the year before.
The growth in June – following May’s revised surge of 18.5 per cent – marked the seventh consecutive month of improved retail sales.
![Retail sales for the first half of 2023 have jumped 20.7 per cent over the same period the year before. Photo: Jonathan Wong Retail sales for the first half of 2023 have jumped 20.7 per cent over the same period the year before. Photo: Jonathan Wong](https://img.i-scmp.com/cdn-cgi/image/fit=contain,width=1024,format=auto/sites/default/files/d8/images/canvas/2023/08/01/38f75d71-000b-4f9d-8842-a53f46cfbdb3_53cc51fa.jpg)
Provisional figures released last month suggested an increase of 18.4 per in retail sales in May.
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