Name: Hong Kong Retail Sales YoY
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Hong Kong,Retail Sales YoY,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

Retail sales in Hong Kong rose by 3.4% year-on-year in January 2026, slowing from a 5.1% increase in the previous month. This marked the softest growth since August, mainly driven by declines in sales for food, alcoholic drinks and tobacco (-10.8% vs -0.4% in December), supermarkets (-5.7% vs 0.6%), fuels (-25% vs -21.9%), and department stores (-9.9% vs -4.8%). Additionally, turnover increased at a slower pace for other consumer goods (2.4% vs 5.3%). Sales growth for consumer durable goods also eased but remained elevated (34.3% vs 39.6%). In contrast, activity accelerated for clothing, footwear and allied products (5.3% vs -8.4%) and jewellery, watches and clocks, and valuable gifts (10.8% vs 1.2%). On a monthly basis, retail sales advanced by 6.5% in January, following a 3.8% gain in the preceding period. source: Census and Statistics Department, Hong Kong

Retail Sales in Hong Kong increased 3.40 percent in January of 2026 over the same month in the previous year. Retail Sales YoY in Hong Kong averaged 2.35 percent from 2005 until 2026, reaching an all time high of 39.30 percent in March of 2023 and a record low of -46.70 percent in February of 2020. This page provides the latest reported value for - Hong Kong Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hong Kong Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Retail Sales in Hong Kong increased 3.40 percent in January of 2026 over the same month in the previous year. Retail Sales YoY in Hong Kong is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Retail Sales YoY is projected to trend around 3.30 percent in 2027 and 3.00 percent in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
Bank Lending Rate	5.00	5.00	percent	Feb 2026
Consumer Spending	558589.00	518800.00	HKD Million	Dec 2025
Gasoline Prices	3.78	3.74	USD/Liter	Feb 2026
Households Debt to GDP	87.90	87.80	percent of GDP	Jun 2025
Personal Savings	0.01	0.01	percent	Jan 2026
Retail Sales MoM	6.50	3.80	percent	Jan 2026
Retail Sales YoY	3.40	5.10	percent	Jan 2026

Hong Kong Retail Sales YoY

In Hong Kong, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	3.40	5.10	39.30	-46.70	2005 - 2026	percent	Monthly	Constant Prices, NSA

Compare: Retail Sales YoY by Country

News Stream

Hong Kong Retail Sales Growth at 5-Month Low

Retail sales in Hong Kong rose by 3.4% year-on-year in January 2026, slowing from a 5.1% increase in the previous month. This marked the softest growth since August, mainly driven by declines in sales for food, alcoholic drinks and tobacco (-10.8% vs -0.4% in December), supermarkets (-5.7% vs 0.6%), fuels (-25% vs -21.9%), and department stores (-9.9% vs -4.8%). Additionally, turnover increased at a slower pace for other consumer goods (2.4% vs 5.3%). Sales growth for consumer durable goods also eased but remained elevated (34.3% vs 39.6%). In contrast, activity accelerated for clothing, footwear and allied products (5.3% vs -8.4%) and jewellery, watches and clocks, and valuable gifts (10.8% vs 1.2%). On a monthly basis, retail sales advanced by 6.5% in January, following a 3.8% gain in the preceding period.

2026-03-04

Hong Kong Retail Sales Pick Up

Retail sales in Hong Kong rose by 5.1% year-on-year in December 2025, picking up from a three-month low of 4.1% in the previous month. Sales continued to decline for food, alcoholic beverages, and tobacco (-0.4% vs -0.1% in November) and fuels (-22.3% vs -17%), while it slipped for clothing and footwear (-7.6% vs 1.6%) and department stores (-3.3% vs 3.1%). In addition, sales moderated for other consumer goods (4.7% vs 5.2%). Meanwhile, sales rebounded for supermarkets (0.6% vs -3.5%) and jewelry, watches, clocks, and valuable gifts (1.2% vs -5.9%), while it increased at a faster pace for consumer durable goods (39.6% vs 27.6%). On a monthly basis, retail activity increased 3.9%, recovering from a 4.1% fall in the previous month.

2026-02-03

Hong Kong Retail Sales Growth Slows in November

Retail sales in Hong Kong rose 4.4% year-on-year in November 2025, marking a modest pace in three months and slowing from a 5.3% increase in October. The slowdown was largely driven by declines in food, alcoholic beverages, and tobacco (-0.1% vs 3.8% in October), jewelry, watches, clocks, and valuable goods (-5.9% vs 0.8%), and fuel (-17.0% vs -8.9%), alongside slower growth in department stores (3.2% vs 6.3%) and other consumer goods (5.2% vs 5.5%). In contrast, retail activity picked up in clothing, footwear, and allied products (1.6% vs 1.4%) and consumer durable goods (27.6% vs 17.2%). On a monthly basis, sales fell 4.1% in November, reversing a 11.5% gain in October.

2026-01-02