Retail Sales in Hong Kong

Hong Kong Retail Sales | Economic News & Forecasts

Hong Kong - Retail Sales

Decline in retail sales softens in September

Retail sales decreased 1.5% compared to the same month of the previous year in September, which was a less pronounced drop than August's 3.0% decrease. Looking at the details of the release, food, fuel and clothing sales plunged in September, while jewelry sales accelerated.

Meanwhile, the trend pointed down, with the annual average variation of retail sales coming in at minus 1.7%, down from August's minus 1.2% reading.

FocusEconomics Consensus Forecast panelists project real retail sales to increase 9.9% in 2023, which is unchanged from last month’s forecast.

Hong Kong - Retail Sales Data

2015   2016   2017   2018   2019  
Retail Sales (annual variation in %)-1.5  -7.1  1.9  7.6  -12.3  

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Hong Kong Retail Sales Chart

Hong Kong Retail
Note: Annual variation of retail sales in %.
Source: Census and Statistics Department Hong Kong and FocusEconomics calculations.

Hong Kong Facts

Value Change Date
Bond Yield1.823.38 %Dec 31
Exchange Rate7.79-0.11 %Jan 01

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