Retail sales in Hong Kong grew by 6.4% year-on-year in April 2026, slowing from 9.8% in the previous month. It marked the weakest annual growth since January, as sales continued to decline for food, alcoholic drinks and tobacco (-1.0% vs -0.4% in March) and fuels (-27.9% vs -27.5%). Growth also eased for clothing, footwear and allied products (5.9% vs 7.8%), consumer durable goods (27.4% vs 42.4%), and other consumer goods (7.5% vs 10.8%), while it tumbled for department stores (-6.6% vs 1.2%). On the other hand, sales rebounded for supermarkets (2.3% vs -0.1%), and trade edged higher for jewelry, watches and clocks, and valuable gifts (6.5% vs. 6.4%). On a monthly basis, retail sales slumped 7.8%, following a downwardly revised 4.6% fall in March. This represented the third consecutive monthly decline and the sharpest pace in the current sequence.