Retail sales increased at a slower-than-expected pace in May as high interest rates and inflation continued to weigh on consumers. According to data released by the US Department of Commerce, retail sales in May increased by 0.1% MoM, lower than…
The Hong Kong Census and Statistics Department (C&SD) published the May Consumer Price Index (CPI). Overall CPI rose 1.2% YoY in May, up 0.1ppt from 1.1% in April. Excluding the impacts of one-off relief government measures, the Composite CPI rose…
Hong Kong market performance (last week) Source: Bloomberg Sectors performance (HK) Source: Bloomberg Hang Seng Index stocks ’performance Source: Bloomberg Southbound stocks performance Source: Bloomberg China economic data US market performance (last week) Sectors performance (U.S) Source: Bloomberg, finviz Source:…
