Hong Kong Consumer Spending - Forecast

Consumer Spending in Hong Kong is expected to be 419093.81 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 427536.46 in 12 months time. In the long-term, the Hong Kong Consumer Spending is projected to trend around 424829.96 HKD Million in 2020, according to our econometric models.


Hong Kong Consumer Spending
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Hong Kong Consumer Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Confidence 102 104 103 102 102 101
Retail Sales YoY 6.9 5.38 5.44 5.44 3.9 4.4
Consumer Spending 419705 419094 427913 419014 427536 424830
Personal Savings 0.01 0.01 0.01 0.01 0.01 0.01
Bank Lending Rate 5 5.18 5.38 5.57 5.75 6.8
Retail Sales Mom 2.1 1.34 0.35 0.82 0.61 0.67
Households Debt To Gdp 68.5 69.21 69.25 69.24 69.18 68.23