{"id":111275,"date":"2025-09-01T17:37:08","date_gmt":"2025-09-01T17:37:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/111275\/"},"modified":"2025-09-01T17:37:08","modified_gmt":"2025-09-01T17:37:08","slug":"hong-kong-retail-recovery-rolls-on-for-third-month-as-july-sales-rise-1-8","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/111275\/","title":{"rendered":"Hong Kong retail recovery rolls on for third month as July sales rise 1.8%"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">A recent improvement in Hong Kong\u2019s retail sector spilled into July, with sales rising by 1.8 per cent year on year in a sign that the industry had stabilised, the government said on Monday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">According to the Census and Statistics Department, the increase marked the third month in a row of growth following 14 consecutive months of decline.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The 1.8 per cent increase in retail sales, to HK$29.7 billion (US$3.8 billion), was bigger than the revised 0.7 per cent year-on-year rise in June.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">A government spokesman said that \u201clocal consumption sentiment should remain steady\u201d.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cThe government\u2019s proactive efforts in promoting tourism and mega-events will also benefit retail businesses,\u201d he said.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">However, in the first seven months of the year, the total value of retail sales contracted by 2.6 per cent compared with the same period in 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"A recent improvement in Hong Kong\u2019s retail sector spilled into July, with sales rising by 1.8 per cent&hellip;\n","protected":false},"author":2,"featured_media":111276,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[1724,64,2347,63,99,79585,164,79586,10340,79582,79583,15556,79584,79581],"class_list":{"0":"post-111275","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-asia","9":"tag-au","10":"tag-august","11":"tag-australia","12":"tag-business","13":"tag-dorbo-realty","14":"tag-economy","15":"tag-gala-place-shopping-centre","16":"tag-hong-kong","17":"tag-mong-kok","18":"tag-rent-cuts","19":"tag-retail-industry","20":"tag-rickey-chan-chi-po","21":"tag-tat-lee-commercial-building"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/111275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=111275"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/111275\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/111276"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=111275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=111275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=111275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}