Hong Kong retail sales rise 4.5% in July, marking 15th straight month of growth

Hong Kong's retail sales increased by 4.5% year-on-year in July, marking the 15th consecutive month of growth. The total retail sales value for July reached HK$31 billion (US$4 billion). For the first seven months of the year, sales grew by 8.9% compared to the same period in 2025. A government spokesman stated that retail sales growth momentum remained resilient, with expansion broadly steady from the previous month. However, the pace of growth slowed in July due to adverse weather conditions and residents traveling outbound. These provisional figures were released by the Census and Statistics Department.