Hong Kong Consumer Spending - Forecast

Consumer Spending in Hong Kong is expected to be 432264.00 HKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Hong Kong to stand at 420751.00 in 12 months time. In the long-term, the Hong Kong Consumer Spending is projected to trend around 497191.00 HKD Million in 2020, according to our econometric models.


Hong Kong Consumer Spending
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Hong Kong Consumer Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Confidence 108 108 109 109 109 109
Retail Sales YoY 11.6 11.81 3.9 11.73 11.73 4.4
Consumer Spending 450653 432303 476195 464173 458625 505685
Personal Savings 0.01 0.01 0.01 0.01 0.01 0.01
Bank Lending Rate 5 5.25 5.5 5.5 5.75 6
Retail Sales Mom 3.1 -0.89 1.59 0.52 0.81 0.74
Households Debt To Gdp 70.6 72.15 72.67 73 73.32 74.64