HONG KONG—Hong Kong’s retail sales climbed for the seventh straight month in August, helped by a stabilising COVID-19 situation, an improved labour market, and economic recovery and thanks to a boost from a consumption voucher scheme (CVS).
Retail sales in August rose 11.9 percent from a year earlier to HK$28.6 billion ($3.67 billion), government data showed on Thursday. August’s increase compared with a revised 2.8 percent growth in July.
