Hong Kong December retail sales rise 6.6%, see support from visitor growth

Reuters
2026.02.03 09:07
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Hong Kong's retail sales rose 6.6% in December, marking the eighth consecutive month of growth, with total sales reaching HK$35 billion ($4.48 billion). The increase is attributed to robust economic recovery and a 9.2% rise in visitor arrivals, particularly from mainland China. Notably, sales of jewellery and watches surged 14.3%, while clothing sales fell by 10.3%. For 2025, total retail sales value increased by 1% year-on-year, with expectations of continued growth supported by improving local consumption and visitor numbers.