08/31/2026
【Retail sales value】Hong Kong’s retail sales growth momentum remained resilient. According to the latest figures released today (August 31), the value of total retail sales in July 2026, provisionally estimated at $31.0 billion, increased by 4.5% over a year earlier and recorded expansion for the 15th consecutive month. For the first 7 months of 2026, it was provisionally estimated that the value of total retail sales increased by 8.9% compared with the same period in 2025.
After netting out the effect of price changes over the same period, the provisional estimate of the volume of total retail sales in July 2026 increased by 2.3% over a year earlier. For the first 7 months of 2026, the provisional estimate of the total retail sales increased by 6.6% in volume compared with the same period in 2025.
Looking ahead, continued economic expansion, rising household incomes, and stable labour market conditions should bolster consumer sentiment. A series of upcoming mega-events is also expected to sustain growth in visitor arrivals, providing further support to retail businesses.
Press release: https://bit.ly/46uC1R9
【Retail sales value】Hong Kong’s retail sales growth momentum remained resilient. According to the latest figures released today (August 31), the value of total retail sales in July 2026, provisionally estimated at $31.0 billion, increased by 4.5% over a year earlier and recorded expansion for the 15th consecutive month. For the first 7 months of 2026, it was provisionally estimated that the value of total retail sales increased by 8.9% compared with the same period in 2025.
After netting out the effect of price changes over the same period, the provisional estimate of the volume of total retail sales in July 2026 increased by 2.3% over a year earlier. For the first 7 months of 2026, the provisional estimate of the total retail sales increased by 6.6% in volume compared with the same period in 2025.
Looking ahead, continued economic expansion, rising household incomes, and stable labour market conditions should bolster consumer sentiment. A series of upcoming mega-events is also expected to sustain growth in visitor arrivals, providing further support to retail businesses.
Press release: https://bit.ly/46uC1R9