Hong Kong retail sales rise 4.5% year on year in July, extending the territory’s growth streak to a 15th consecutive month. Provisional figures from the Census and Statistics Department put July retail sales value at HK$31 billion (about US$4 billion).
The sources report that the rate of expansion is slower than in earlier months. The South China Morning Post attributes the cooling to adverse weather and continued outbound travel by local residents, while the Xinhua report focuses on the official statistics confirming the ongoing rise. Both accounts agree on the direction of the trend and the headline increase, while emphasizing different context for why growth is moderating. The South China Morning Post also reports that retail sales for the first seven months of the year grow 8.9% versus the same period in 2025, based on provisional data.
