Hong Kong Retail Sales YoY  Forecast


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Retail Sales YoY in Hong Kong is expected to be 4.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Hong Kong to stand at 5.00 in 12 months time. In the long-term, the Hong Kong Retail Sales YoY is projected to trend around 4.40 percent in 2020, according to our econometric models.


Hong Kong Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence 102 104 104 103 102 101
Retail Sales YoY 5.5 4.8 4.84 4.92 5 4.4
Consumer Spending 419705 423380 407041 423284 408806 418111
Personal Savings 0.01 0.01 0.01 0.01 0.01 0.01
Bank Lending Rate 5 5.18 5.39 5.58 5.76 6.91
Households Debt To Gdp 67.6 67.51 67.41 67.29 67.17 65.93
Retail Sales Mom 1.7 1.73 0.85 0.66 0.64 0.66