Volume index of retail sales (Average monthly index from Oct 2019 to Sep 2020 = 100) ()

Retail sales in Hong Kong decreased by 8.3% year-on-year in November 2024, slipping further from a downwardly revised 4.8% decline in the previous month. This marked the ninth consecutive month of falling retail activity, as sales fell further for food, alcoholic drinks and tobacco (-1.6% -1.3% in October), department stores (-12.3% vs -11.1% ...

All retail establishments in Hong Kong with and without physical shops are covered in the Monthly Survey of Retail Sales and their sales, both through conventional shops and online channels, are included in the retail sales statistics.

Like other sectors dramatically affected by the COVID-19 pandemic, Hong Kong’s retail market is recovering. However, significant challenges are at the door, both internal and external. Find the...

On 8 Feb, PwC held a “Hong Kong retail outlook 2024” press conference and offers a cautiously optimistic outlook for the retail industry – a year-on-year increase of 5% in total sales, bringing the figure to HK$428 billion. Retail sales will recover more noticeably in the second half of 2024 with the expectation that global interest rates ...

2025年1月5日 · Recent transactions in Tai Kok Tsui and Sham Shui Po highlight the dynamic nature of Hong Kong's retail property market, with sales ranging from HK$5 million to HK$14.18 million. By...

2024年10月17日 · PwC expects a gradual improvement of the retail sector from the fourth quarter onwards and predicts a 6% decline in total retail sales, amounting to HKD383 billion in 2024. Over the past few years, the cost of operating a retail business has been exceptionally high in Hong Kong compared with other markets.

Hong Kong, 8 February 2024 – PwC Hong Kong has released its Hong Kong Retail Outlook for 2024, presenting a comprehensive analysis that delves into the 2023 performance of the local retail industry in 2023, highlights the challenges and opportunities faced by retailers, and sheds light on what the future holds for 2024.

2024年6月25日 · The latest research report for 1H 2024 on Hong Kong Retail, published by Savills. Discover the analysis of the retail industry, trends, segment data, market growth, and new business opportunities.

2024年5月14日 · Quality, creativity and diversity might be the keys to reinvigorating Hong Kong’s retail market. As the COVID-19 pandemic subsided, Hong Kong’s retail sector experienced an upheaval since border re-opening, and the market continues to grapple with changes.