Hong Kong skyline from above

Retail in Hong Kong

Hong Kong Retail

Retail sales growth picks up pace in June

Retail sales rose 17.5% year on year in June (May: +16.5% yoy). The pickup was driven by accelerating food and alcoholic beverages and jewelry, watches and valuables sales. In contrast, fuel and clothing and footwear sales decelerated.

Meanwhile, the trend improved notably, with the annual average growth of retail sales coming in at 9.6%, up from May’s 7.7%.

Hong Kong Retail Chart

This chart displays Retail Sales (ann. var. %) for Hong Kong from 2013 to 2022.

Hong Kong Retail Data

2018 2019 2020 2021 2022
Retail Sales (ann. var. %) 7.6 -12.3 -25.5 6.5 -3.3

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