Hong Kong’s Retail Sales Suffer Worst Drop on Record, as Protests Persist

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Hong Kong’s Retail Sales Suffer Worst Drop on Record, as Protests Persist
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Hong Kong’s retail sales plunged 24% in October—the worst monthly decline on record—as protests disrupt business and tourism

The value of retail sales fell 24% in October from a year ago, the worst monthly decline on record, according to data released Monday by the Hong Kong Census and

Statistics Department. The period included “Golden Week,” a historically popular time for travel for mainland Chinese, who are a key source of tourism in Hong Kong.

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