Tourist areas these kinds of as Causeway Bay
A authorities spokesman said retail gross sales worsened even further to publish a double-digit year-on-year fall in July, reflecting the weak nearby buyer sentiment and sizeable disruptions to inbound tourism and consumption-related activities arising from what he known as latest neighborhood social incidents.
He warned the decline would accelerate further more when the protests didn't prevent, whilst the trade war among the world’s two most significant economies - the united states and China - had escalated a short while ago.In July, all but supermarkets registered declines in revenue. Huge ticket products these as jewelry, watches and clocks led the fall, down 24.4 for each cent with the very same period very last yr.
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Annie Tse Yau On-yee, chairwoman with the Hong Kong Retail Management Association, claimed August’s retail sales would deteriorate further more centered on preliminary feedback from some of its 9,000 members.She stated some members’ income in vacationer districts had slumped 50 per cent when those people in parts afflicted via the protests experienced fared even worse, enduring falls of about 80 for every cent.
Tourist areas these kinds of as Causeway Bay, Wan Chai and Admiralty have been strike by protests together with the household districts of Wong Tai Sin, Sham Shui po, Sheung Shui and Tai po.“They are pessimistic with regard to the outlook in September at the same time,” Tse reported.The affiliation previously this month urged landlords to halve rents for six months for shops, but at very best only a couple of presented a 20 for every cent minimize on the one-off foundation, she reported.
相關文章：
A govt spokesman claimed retail gross sales worsened
He warned the decrease would accelerate more if your protests
while the trade war amongst the world’s two largest economies
Big ticket objects these as jewelry
Major ticket things these as jewelry
