Hong Kong’s retail sales edge up 1% in 2025 after 7.3% decline in 2024

South China Morning PostCenter-RightEN 1 min read 100% complete by Ambrose Li,Jeffie LamFebruary 3, 2026 at 10:07 AM

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Hong Kong's retail sales experienced a modest recovery in 2025, increasing by 1% after a significant 7.3% decline in 2024. According to the Census and Statistics Department, December 2025 saw a 6.6% year-on-year increase, reaching HK$35 billion, marking the fourth consecutive month of growth. The total value of retail sales for 2025 is provisionally estimated at HK$380.5 billion. Authorities attribute this growth to improving consumer sentiment and increased visitor arrivals. Online retail also saw growth, rising 12.8% over 2024, with a provisional value of HK$35.7 billion.

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Census and Statistics Department 60% Hong Kong ×290%

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retail sales 100% hong kong 90% economic growth 70% consumer sentiment 60% visitor arrivals 60% year-on-year increase 50% online retail 50% census and statistics department 40%