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Hong Kong February Retail Sale: All The People, But No Dough

2015-04-02 08:02:29| Jewelry - Topix.net

Hong Kong released its February retail sales figure, which showed a +15% y/y increase vs. a consensus 4.5% decline. Worth noting, the sharp y/y jump was mainly due to lower comps, and the reality is that the overall macro environment remains weak, despite the increase in tourists.

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