Hong Kong retail sales rise 4.6% in June as growth streak extends to 14 months
Continued economic expansion, rising incomes and steady increase in inbound visitors are expected to provide support to the sector
Hong Kong’s retail sales rose by 4.6 per cent year on year in June, extending the growth streak to 14 months, with the government expecting continued economic growth, rising incomes and a steady increase in visitors to support the sector.
The value of retail sales for the month reached HK$31.5 billion (US$4.01 billion) with the retail sales in the first half of the year marking a 9.6 per cent increase over the same period in 2025, according to provisional figures released by the Census and Statistics Department on Tuesday.
“Growth was broad-based across many retail categories. Continued economic expansion, rising local incomes, and a steady increase in inbound visitors are expected to provide support to the sector,” a government spokesman said.
“Yet, external uncertainties constitute downside risk. The government will continue to closely monitor the potential impacts of external developments on the local consumption market,” he added, noting that the sector remains on a positive trajectory.
The department previously revealed that Hong Kong’s economy had recorded 5.1 per cent growth for the first half of the year.
Private consumption contributed to the strong gross domestic product performance in the first half of the year, alongside government spending and enhanced exports bolstered by the global surge in demand for artificial intelligence-related products.