HONG KONG – The value of total retail sales in Hong Kong in June, provisionally estimated at HK$30.1 billion, was up 0.7 percent compared with the same month in 2024, according to government data.

After netting out the effect of price changes over the same period, the provisional estimate for the month was 0.3 percent lower year-on-year, monthly retail sales data published by the Census and Statistics Department showed on Thursday.

On a seasonally adjusted basis, the provisional estimate of the value of total retail sales was up 0.3 percent in the second quarter compared with the first quarter, while the provisional estimate of the volume of total retail sales increased by 2.7 percent.

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The data also showed that online sales accounted for 8.5 percent of the total retail sales figure for the month. Provisionally estimated at HK$2.5 billion, the value of online retail sales increased 8.4 percent year-on-year.

The value of sales of jewelry, watches and clocks, and valuable gifts increased by 6.8 percent.

There were also increases in the value of “other consumer goods not elsewhere classified” (+7.2 percent); commodities in supermarkets (+0.4 percent); medicines and cosmetics (+6 percent); commodities in department stores (+5.7 percent); and optical items (+1 percent).

Meanwhile, the value of sales of apparel decreased by 4.3 percent for the period, according to the Census and Statistics Department.

Also down were sales of food, alcoholic drinks and tobacco (-1.5 percent); electrical goods and other consumer durable goods not elsewhere classified (-9.3 percent); motor vehicles and parts (-6 percent); fuels (-8.7 percent); furniture and fixtures (-16.3 percent); footwear, allied products and other clothing accessories (-7.2 percent); Chinese drugs and herbs (-2 percent); and books, newspapers, stationery and gifts (-4.7 percent).

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Retail sales have shown signs of stabilization in recent months, said a government spokesman.

The government expects that continued increases in employment earnings and a buoyant local stock market, coupled with the government’s efforts in promoting tourism and mega events and enterprises’ efforts to provide more diversified experiences, will support consumption.