Hong Kong Retail Sales Hit 3-Month Low

2026-06-02 08:44 By Czyrill Jean Coloma 1 min. read

Retail sales in Hong Kong grew by 6.4% year-on-year in April 2026, slowing from 9.8% in the previous month.

It marked the weakest annual growth since January, as sales continued to decline for food, alcoholic drinks and tobacco (-1.0% vs -0.4% in March) and fuels (-27.9% vs -27.5%).

Growth also eased for clothing, footwear and allied products (5.9% vs 7.8%), consumer durable goods (27.4% vs 42.4%), and other consumer goods (7.5% vs 10.8%), while it tumbled for department stores (-6.6% vs 1.2%).

On the other hand, sales rebounded for supermarkets (2.3% vs -0.1%), and trade edged higher for jewelry, watches and clocks, and valuable gifts (6.5% vs. 6.4%).

On a monthly basis, retail sales slumped 7.8%, following a downwardly revised 4.6% fall in March.

This represented the third consecutive monthly decline and the sharpest pace in the current sequence.



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Hong Kong Retail Sales at 11-Month Low
Retail sales in Hong Kong rose 2.3% year-on-year in June 2026, slowing from 4.8% in the previous month and marking the weakest growth since July 2025. The slowdown reflected softer gains across major categories, including clothing, footwear and allied products (0.2% vs 2.3% in May), consumer durable goods (6.2% vs 9.6%), jewellery, watches and clocks, and valuable gifts (7.4% vs 10.7%), as well as other consumer goods (4.3% vs 7.9%). Moreover, department store sales declined (-4.4% vs 8.7%). In contrast, sales of food, alcoholic drinks and tobacco rebounded (2% vs -1.5%), while declines eased for supermarkets (-0.6% vs -1.1%) and fuels (-28.4% vs -28.7%). On a monthly basis, retail activity fell 6.8%, reversing a seven-month high of 7.3% in May 2026.
2026-08-04
Hong Kong Retail Sales at 4-Month Low
Retail sales in Hong Kong rose 4.8% year-on-year in May 2026, slowing from a revised 6.5% in the previous month and marking the lowest reading since January. Sales declined further for food, beverages, and tobacco (-1.6% vs. 1% in April) and fuels (-28.8% vs. -27.9%), while growth reversed for supermarkets (-1.1% vs. 2.3%). At the same time, retail activity moderated for clothing, footwear, and allied products (3% vs. 5.5%), and consumer durable goods (9.5% vs. 28.2%). In contrast, sales rebounded for department stores (8.7% vs. -6.6%), while sales continued to rise for jewellery, watches, clocks, and valuable gifts (10.5% vs. 7.1%), and other consumer goods (7.9% vs. 7.4%). On a monthly basis, retail sales rose 7.3% in May, rebounding from a revised 7.4% decline in April.
2026-07-02
Hong Kong Retail Sales Hit 3-Month Low
Retail sales in Hong Kong grew by 6.4% year-on-year in April 2026, slowing from 9.8% in the previous month. It marked the weakest annual growth since January, as sales continued to decline for food, alcoholic drinks and tobacco (-1.0% vs -0.4% in March) and fuels (-27.9% vs -27.5%). Growth also eased for clothing, footwear and allied products (5.9% vs 7.8%), consumer durable goods (27.4% vs 42.4%), and other consumer goods (7.5% vs 10.8%), while it tumbled for department stores (-6.6% vs 1.2%). On the other hand, sales rebounded for supermarkets (2.3% vs -0.1%), and trade edged higher for jewelry, watches and clocks, and valuable gifts (6.5% vs. 6.4%). On a monthly basis, retail sales slumped 7.8%, following a downwardly revised 4.6% fall in March. This represented the third consecutive monthly decline and the sharpest pace in the current sequence.
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