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

Hong Kong’s retail sales rose 1 per cent in 2025 after recording a 6.6 per cent year‑on‑year increase in December, with authorities saying that improving consumer sentiment and growth in visitor arrivals would continue to support the sector.Figures released by the Census and Statistics Department on Tuesday estimated that the value of December’s retail sales reached HK$35 billion (US$4.48 billion), marking a fourth consecutive month of growth above 6 per cent year on year.For the whole of last year, retail sales grew 1 per cent compared with 2024, with the total value provisionally estimated at HK$380.5 billion.The increase marked a rebound from the 7.3 per cent decline recorded in 2024, when retail sales totalled HK$376.85 billion, down from HK$406.65 billion in 2023.Authorities also noted that the value of online retail sales rose 12.8 per cent over 2024, with a provisional estimate of HK$35.7 billion.“The value of retail sales continued to recover solidly in December, rising further by 6.6 per cent over a year earlier. For 2025 as a whole, total retail sales value resumed modest growth,” a government spokesman said.