Hong Kong Retail Sales Surge 11.8% Driven by Durable Goods and Jewellery
Retail sales in Hong Kong increased by 11.8% year-on-year in the first two months of 2026, marking the tenth consecutive month of growth. The surge was primarily driven by strong demand for electronics and consumer durable goods, which saw a 32.4% increase compared to the previous year. Jewellery and watches also contributed to the growth, with a 27.8% rise, supported by high gold prices. Despite the positive sales momentum, retailers are adopting cautious expansion strategies, focusing on prime locations rather than aggressive network growth.