On July 31, Hong Kong’s Census and Statistics Department released data showing that the provisional estimate of total retail sales value in June 2025 was HKD 30.095 billion, representing a year-on-year increase of 0.7%. In terms of the volume of retail sales, the provisional estimate for June recorded a year-on-year decrease of 0.3%.
Specifically, when comparing June 2025 to June 2024, more than half of the retail categories saw a decline in sales value. Among them, the retail sales value of medicines and cosmetics reached HKD 2.781 billion in June 2025, up 6% year-on-year. In terms of sales volume, medicines and cosmetics rose by 3.8% compared to the same period last year.
Within the overall retail sales, the provisional estimate of online retail sales in June amounted to HKD 2.545 billion, marking an 8.4% year-on-year increase and accounting for 8.5% of the total retail sales value.
In addition, comparing the second quarter of 2025 with the first quarter, the seasonally adjusted provisional estimate of total retail sales value rose by 0.3%, while the seasonally adjusted volume of total retail sales increased by 2.7%.
A government spokesperson stated that the retail sector has gradually stabilized in recent months. Looking ahead, continued growth in employment income, a strong performance in the local stock market, government efforts to promote tourism and major events, and companies’ commitment to offering more diverse experiences are expected to support local consumption sentiment and retail business.
