Consumer Spending in Hong Kong is expected to be 480372.00 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 453933.00 in 12 months time. In the long-term, the Hong Kong Consumer Spending is projected to trend around 510121.00 HKD Million in 2020, according to our econometric models.


Forecast Data Chart
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Hong Kong Consumer Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Confidence 105 106 105 105 105 105
Retail Sales YoY 1.4 3.9 4.3 6.4 8.6 4.4
Consumer Spending 448217 480372 464933 473047 459422 510121
Personal Savings 0.12 0.01 0.23 0.25 0.25 0.01
Bank Lending Rate 5.13 5.26 5.26 5.51 5.76 6.26
Retail Sales Mom -1.4 0.87 1.14 0.65 0.73 0.72
Households Debt To GDP 71 72.35 72.63 72.92 73.11 74.07