Monday, August 29, 2016

Hong Kong July retail sales fall for 17th straight month

Aug 29 (Reuters) - July retail sales data

(percent change from a year earlier):

2016

July June May Apr Mar Feb Jan

Value -7.7 -8.9 -8.3 -7.5 -9.8 -20.6 -6.6

Volume -8.5 -9.6 -8.8 -7.7 -8.8 -19.5 -5.2



CONTEXT:

-- In the three months through July, the volume of total

retail sales remained virtually unchanged over the same period.



COMMENTARY:

A government sp

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