Continued economic expansion, rising incomes and steady increase in inbound visitors are expected to provide support to the sector
2-MIN READ2-MIN ListenAmbrose LiPublished: 4:47pm, 4 Aug 2026Updated: 5:00pm, 4 Aug 2026Hong 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.
Sales of jewellery, watches, clocks and valuable gifts continued to lead growth, surging by 20.1 per cent year on year in June, while sales of electrical and other consumer durable goods saw a 11.3 per cent rise.
These were followed by a 9.3 per cent increase “other consumer goods not elsewhere classified”, a 5.1 per cent rise in furniture and fixtures, and a 2.6 per cent gain in books, newspapers, stationery and gifts.
