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Home News Business

Retail sales drop for 14th month in a row

Xenia. W by Xenia. W
2 June 2025
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Retail sales dropped for the 14 month in a row in April, although the government said the sector’s performance has shown signs of stabilisation.

Figures from the Census and Statistics Department showed the value of total retail sales dropped by 2.3 percent year-on-year to an estimated HK$28.9 billion.

This was lower than the revised 3.5 percent decline recorded in March.

Sales of motor vehicles and parts fell the most, by more than 53 percent compared to the same period last year. This was followed by a 16.7 percent decline in sales of furniture and fixtures.

Combining the first four months of the year, the value of total sales dropped by 5.6 percent year-on-year.

A government spokesman said April’s decline was modest and had narrowed compared to previous months.

Looking ahead, he said the administration’s promotion of tourism and mega events will help stimulate the consumption market.

Increased wages and sustained and steady mainland economic growth will also bolster consumption sentiment, he added.

Tags: BusinessFinance
Xenia. W

Xenia. W

Xenia is a Hong Kong–based writer and content creator focusing on financial markets, policy and the city’s evolving economic landscape. With over ten years of experience in higher education and tourism‑related projects, she specialises in transforming complex information into clear, reader‑friendly insights for both professional and general audiences. ​ Drawing on a background in bilingual Chinese–English translation and editing, Xenia writes across topics including Hong Kong and US stocks, market structure, macro trends and how policy shifts affect everyday investors.

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