Consumer Spending in Hong Kong decreased to 417334 HKD Million in the third quarter of 2020 from 423107 HKD Million in the second quarter of 2020. source: Census and Statistics Department, Hong Kong

Consumer Spending in Hong Kong averaged 227234.73 HKD Million from 1973 until 2020, reaching an all time high of 502642 HKD Million in the fourth quarter of 2018 and a record low of 41767 HKD Million in the first quarter of 1974. This page provides - Hong Kong Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Consumer Spending - values, historical data and charts - was last updated on January of 2021.

Consumer Spending in Hong Kong is expected to be 480514.00 HKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Hong Kong to stand at 429019.00 in 12 months time. In the long-term, the Hong Kong Consumer Spending is projected to trend around 492526.00 HKD Million in 2021 and 506317.00 HKD Million in 2022, according to our econometric models.

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Hong Kong Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
417334.00 423107.00 502642.00 41767.00 1973 - 2020 HKD Million Quarterly
Constant Prices 2016, NSA

Hong Kong Consumer Last Previous Highest Lowest Unit
Consumer Confidence 75.00 76.00 118.00 70.00 points [+]
Retail Sales YoY -4.70 -9.20 30.60 -46.70 percent [+]
Consumer Spending 417334.00 423107.00 502642.00 41767.00 HKD Million [+]
Personal Savings 0.00 0.00 13.21 0.00 percent [+]
Bank Lending Rate 5.00 5.00 19.61 5.00 percent [+]
Retail Sales Mom 4.50 4.70 29.40 -41.30 percent [+]
Households Debt To GDP 85.50 82.70 85.50 34.50 percent of GDP [+]
Gasoline Prices 2.31 2.28 2.31 1.59 USD/Liter [+]