Retail sales in Hong Kong rose 2.9% year-on-year in August 2026, accelerating from an upwardly revised 2.4% in July and marking the strongest growth since May. Sales of consumer durable goods surged (13.4% vs 2.5% in July), led by electrical goods (28.5% vs 11.6%), while growth also picked up for food, alcoholic drinks and tobacco (1.5% vs 1.2%) and other consumer goods (6.2% vs 5.5%). Moreover, sales rebounded for supermarkets (1.5% vs -0.1%) and clothing, footwear and allied products (0.3% vs -2.1%), while the decline in fuels eased (-24.2% vs -27.8%). In contrast, sales fell for jewellery, watches and clocks, and valuable gifts (-1.6% vs 9.6%) and department stores (-2.8% vs 0.3%). On a monthly basis, retail sales rose 2.9%, rebounding from a 0.9% decline in July. source: Census and Statistics Department, Hong Kong

Retail Sales in Hong Kong increased 2.90 percent in August of 2026 over the same month in the previous year. Retail Sales YoY in Hong Kong averaged 2.47 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 October of 2026.

Retail Sales in Hong Kong increased 2.90 percent in August of 2026 over the same month in the previous year. Retail Sales YoY in Hong Kong is expected to be 2.10 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.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-31 08:30 AM
Retail Sales YoY
Jul 2.3% 2.3% 3.0%
2026-10-02 08:30 AM
Retail Sales YoY
Aug 2.9% 2.4% 1.9%
2026-11-03 08:30 AM
Retail Sales YoY
Sep 2.9% 2.6%


Related Last Previous Unit Reference
Bank Lending Rate 5.00 5.00 percent Aug 2026
Consumer Confidence 88.90 89.10 points Mar 2026
Consumer Spending 568557.00 545069.00 HKD Million Jun 2026
Gasoline Prices 4.41 4.17 USD/Liter Sep 2026
Households Debt to GDP 88.90 87.80 percent of GDP Mar 2026
Personal Savings 0.00 0.00 percent Aug 2026
Retail Sales MoM 2.90 -0.90 percent Aug 2026
Retail Sales YoY 2.90 2.40 percent Aug 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
2.90 2.40 39.30 -46.70 2005 - 2026 percent Monthly
Constant Prices, NSA

News Stream
Hong Kong Retail Sales Growth at 3-Month High
Retail sales in Hong Kong rose 2.9% year-on-year in August 2026, accelerating from an upwardly revised 2.4% in July and marking the strongest growth since May. Sales of consumer durable goods surged (13.4% vs 2.5% in July), led by electrical goods (28.5% vs 11.6%), while growth also picked up for food, alcoholic drinks and tobacco (1.5% vs 1.2%) and other consumer goods (6.2% vs 5.5%). Moreover, sales rebounded for supermarkets (1.5% vs -0.1%) and clothing, footwear and allied products (0.3% vs -2.1%), while the decline in fuels eased (-24.2% vs -27.8%). In contrast, sales fell for jewellery, watches and clocks, and valuable gifts (-1.6% vs 9.6%) and department stores (-2.8% vs 0.3%). On a monthly basis, retail sales rose 2.9%, rebounding from a 0.9% decline in July.
2026-10-02
Hong Kong Retail Sales Unchanged in July
Retail sales in Hong Kong rose 2.3% year-on-year in July 2026, unchanged from the previous month and remaining the weakest annual growth since July 2025. Growth slowed for food, alcoholic drinks and tobacco (1.2% vs 1.9% in June) and consumer durable goods (2.4% vs 6.3%), while sales of clothing, footwear and allied products (-2.1% vs 0.2%) tumbled. Meanwhile, growth accelerated for jewelry, watches and clocks, and valuable gifts (9.4% vs 7.4%) and other consumer goods (5.5% vs 4.3%). Declines also eased for supermarkets (-0.1% vs -0.8%) and fuels (-27.9% vs -28.3%), while department store sales rebounded (0.6% vs -4.4%). On a monthly basis, retail sales fell 0.9%, narrowing from a 6.8% decline in June.
2026-08-31
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