Retail sales in Hong Kong decreased 4.2% y/y in November, ending two months of positive growth recorded in September and October, according to the Census and Statistics Department (C&SD) on Wednesday.

November saw declines in the purchase of jewellery (down 8.3%) and valuable gifts (down 19.3%), department store products, which fell 16.4%. Declines were partially offset by increases in electrical goods and vehicle parts of 3.1% and 24.8% respectively.

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