Retail Sales in Hong Kong decreased 0.40 percent in November of 2019 over the previous month. Retail Sales Mom in Hong Kong averaged 0.57 percent from 1981 until 2019, reaching an all time high of 29.40 percent in December of 2010 and a record low of -27.30 percent in February of 2009. source: Census and Statistics Department, Hong Kong
Retail Sales Mom in Hong Kong is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales Mom in Hong Kong to stand at 0.70 in 12 months time. In the long-term, the Hong Kong Retail Sales MoM is projected to trend around 2.70 percent in 2020, according to our econometric models.