Core Insights - The total sales value of Hong Kong's retail industry in October 2025 is estimated at HKD 35.2 billion, representing a year-on-year increase of 6.9% [1][3] - Online sales accounted for 14.6% of the total retail sales value, with an estimated online sales value of HKD 5.2 billion, marking a year-on-year increase of 27.2% [1][3] Retail Categories Performance - The sales value of electrical and other unclassified durable consumer goods increased by 24.6% year-on-year [3] - Jewelry, watches, and luxury gifts saw a year-on-year sales value increase of 9.5% [3] - Other unclassified consumer goods experienced a year-on-year increase of 9.7% [3] - Categories such as food, alcoholic beverages, tobacco, department store goods, and clothing also recorded year-on-year increases [3] - However, supermarket goods saw a year-on-year decrease in sales value of 1.8% [3] Market Outlook - The spokesperson for the Hong Kong government indicated that the increase in retail sales value in October accelerated compared to September, suggesting a strengthening recovery trend in retail sales [3] - The ongoing improvement in consumer sentiment, along with a significant rise in visitor numbers to Hong Kong, is expected to continue supporting the retail business [3]

Core Insights - The total retail sales value in Hong Kong for October 2025 is estimated at HKD 35.2 billion, representing a year-on-year increase of 6.9%, indicating a continued recovery in retail sales momentum [1] Retail Sales Performance - Online sales accounted for 14.6% of the total retail sales value in October, with an estimated value of HKD 5.2 billion, showing a year-on-year increase of 27.2% [1] - The cumulative online sales value for the first ten months of the year is estimated to have increased by 9.5% year-on-year [1] Category Analysis - The sales value of electrical and other unclassified durable consumer goods increased by 24.6% year-on-year [1] - The sales value of jewelry, watches, and luxury gifts rose by 9.5% year-on-year [1] - Conversely, the sales value of supermarket goods decreased by 1.8% year-on-year, and the sales value of automobiles and auto parts fell by 20.1% year-on-year [1] Seasonal Adjustments - The seasonally adjusted total retail sales value for the three months ending in October increased by 3.0% compared to the previous three months [1] - The seasonally adjusted total retail sales volume for the same period rose by 1.4% [1] Future Outlook - The spokesperson for the Hong Kong government indicated that the year-on-year increase in total retail sales value has accelerated further, with most major retail categories continuing to see growth [1] - Future improvements in consumer sentiment and a significant increase in visitor numbers to Hong Kong are expected to provide ongoing support for the retail sector [1]

Core Insights - The retail sales value in Hong Kong for October 2025 is estimated at HKD 35.2 billion, representing a year-on-year increase of 6.9% compared to October 2024 [1] - Online sales accounted for 14.6% of the total retail sales value in October 2025, with an estimated value of HKD 5.2 billion, marking a significant increase of 27.2% from the same month in 2024 [1] - The overall retail sales quantity in October 2025 increased by 5.3% year-on-year after adjusting for price changes [1] Retail Sales by Category - The sales value of electrical and other unclassified durable goods rose by 24.6% in October 2025 compared to October 2024 [2] - Jewelry, watches, and luxury gifts saw a sales value increase of 9.5%, while other unclassified consumer goods rose by 9.7% [2] - Supermarket goods experienced a decline in sales value by 1.8%, with automotive and automotive parts seeing a significant drop of 20.1% [2] Seasonal Adjustments - The seasonally adjusted retail sales value for the three months ending October 2025 increased by 3.0%, while the seasonally adjusted retail sales quantity rose by 1.4% [2] Future Outlook - The improving consumer sentiment and a significant increase in visitor arrivals to Hong Kong are expected to continue supporting the retail sector [3]