Jewellery sales in Hong Kong posted a notable rebound in July, according to the latest figures released by the Census and Statistics Department.
Spending on jewellery, watches, clocks and valuable gifts surged by 9.4 percent year on year, reaching HK$4.09 billion (US$523 million). This marked one of the strongest performers among major retail categories, driven by improving consumer sentiment and steady tourist inflows.
Overall retail sales registered a modest rise, climbing 1.8 percent to HK$29.7 billion in July compared with the same period in 2024. The increase was faster than June’s 0.7 percent gain, suggesting a gradual stabilisation in the sector. Online transactions remained an important contributor, expanding 13.2 percent to HK$2.6 billion.
Despite the marked improvement in July, sales of jewellery and related luxury items for the first seven months of the year still dipped 4.3 percent, totalling HK$28.93 billion. Broader retail sales over the same period also contracted slightly, reflecting lingering global uncertainties and cautious household spending.
22-09-2025
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