December 2, 2019 / 8:45 AM / 10 days ago

Hong Kong October retail sales drop 24.3% as protests persist

HONG KONG, Dec 2 (Reuters) - Hong Kong’s retail sales fell 24.3% in October from a year earlier as anti-government protest gripped the city.

Sales fell to HK$30.1 billion ($3.85 billion) in October, government data showed on Monday, a ninth consecutive month of decline. September’s drop was a revised 18.2%.

In volume terms, retail sales in October fell 26.2%, compared with a revised 20.3% drop in September. ($1 = 7.8249 Hong Kong dollars) (Reporting by Donny Kwok and Twinnie Siu; Editing by Alexander Smith)

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