Hong Kong retail sales rise 4.1 per cent annually in January but authorities warn of tough months to follow under strict anti-epidemic measures

Hong Kong’s retail sales rose 4.1 per cent year on year in January with the government having warned the figure was not a reflection of the current impact of strict social-distancing measures during the ongoing coronavirus outbreak.Retail sales in January were valued at HK$33.9 billion (US$4.33 billion), a 4.1 per cent year on year increase, according to provisional figures released by the Census and Statistics Department on Friday.Online transactions accounted for 9 per cent of the total…

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