Total retail sales down 1.2% YoY in June

Total value for retail sales was $27.7b.

The value of total retail sales decreased 1.2% to $27.7b in June 2022 compared with the same period in 2021, the Census and Statistics Department (C&SD) said.

According to C&SD, a government spokesman said the retail sales improved in the second quarter with its value rebounding from the first quarter to mild year-on-year growth.

But the momentum softened in the latter part of the quarter along with increased infections and interest rate hikes by major central banks.

Of the total retail sales, online sales was over 8.2% with an estimated value of $2.3b, which is up 0.5% from June 2021.

Per retail outlet type, the value of sales in supermarkets decreased by 0.3%. Followed by sales in department stores which was down by 2.4%, wearing apparel (-4.0%), electrical goods and other consumer durable goods not elsewhere classified (-13.3%); medicines and cosmetics (-1.7%); motor vehicles and parts (-10.9%); furniture and fixtures (-1.8%); and footwear, allied products and other clothing accessories (-8.6%).

Follow the link for more news on

Census and Statistics Department

retail sales

Also Read

Colliers appointed to sell Shun Tak Centre retail shops

T-Plus podium and car park enter market at $200m

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit