Retail Sales in May 2025 Rise 2.4% Year-on-Year, Online Sales Show Modest Growth

Provisional statistics of retail sales for May 2025

The Census and Statistics Department (C&SD) released the latest figures on retail sales today (July 2).

The value of total retail sales in May 2025, provisionally estimated at $31.3 billion, increased by 2.4% compared with the same month in 2024. The revised estimate of the value of total retail sales in April 2025 decreased by 2.3% compared with a year earlier. For the first 5 months of 2025 taken together, it was provisionally estimated that the value of total retail sales decreased by 4.0% compared with the same period in 2024.

Of the total retail sales value in May 2025, online sales accounted for 8.3%. The value of online retail sales in that month, provisionally estimated at $2.6 billion, increased by 0.3% compared with the same month in 2024. The revised estimate of online retail sales in April 2025 decreased by 3.7% compared with a year earlier. For the first 5 months of 2025 taken together, it was provisionally estimated that the value of online retail sales decreased by 1.7% compared with the same period in 2024.

After netting out the effect of price changes over the same period, the provisional estimate of the volume of total retail sales in May 2025 increased by 1.9% compared with a year earlier. The revised estimate of the volume of total retail sales in April 2025 decreased by 3.3% compared with a year earlier. For the first 5 months of 2025 taken together, the provisional estimate of the total retail sales decreased by 5.5% in volume compared with the same period in 2024.

Analysed by broad type of retail outlet in descending order of the provisional estimate of the value of sales and comparing May 2025 with May 2024, the value of sales of other consumer goods not elsewhere classified increased by 8.9%. This was followed by sales of commodities in supermarkets (+1.3% in value); wearing apparel (+0.4%); food, alcoholic drinks and tobacco (+2.8%); commodities in department stores (+6.3%); medicines and cosmetics (+8.7%); electrical goods and other consumer durable goods not elsewhere classified (+0.9%); motor vehicles and parts (+2.7%); books, newspapers, stationery and gifts (+1.6%); and optical shops (+1.4%).

On the other hand, the value of sales of jewellery, watches and clocks, and valuable gifts decreased by 3.2% in May 2025 over a year earlier. This was followed by sales of fuels (-6.9% in value); footwear, allied products and other clothing accessories (-0.1%); furniture and fixtures (-12.0%); and Chinese drugs and herbs (-2.2%).

Based on the seasonally adjusted series, the provisional estimate of the value of total retail sales increased by 4.1% in the three months ending May 2025 compared with the preceding three-month period, while the provisional estimate of the volume of total retail sales increased by 7.0%.

Commentary

A government spokesman said that retail sales performance saw improvement in May 2025. The value of total retail sales turned to a year-on-year increase of 2.4%. On a seasonally adjusted basis, the value of total retail sales increased by 7.0% over the preceding month.

Looking ahead, the spokesman said that while the retail sector continues to adapt to the changes in consumption patterns, the Government's proactive efforts in promoting tourism and mega events, in tandem with the increase in employment earnings and sustained steady growth of the Mainland economy, will help bolster consumption sentiment and support the consumption market.

Further information

Table 1 presents the revised figures on value index and value of retail sales for all retail outlets and by broad type of retail outlet for April 2025 as well as the provisional figures for May 2025. The provisional figures on the value of retail sales for all retail outlets and by broad type of retail outlet as well as the corresponding year-on-year changes for the first 5 months of 2025 taken together are also shown.

Table 2 presents the revised figures on value of online retail sales for April 2025 as well as the provisional figures for May 2025. The provisional figures on year-on-year changes for the first 5 months of 2025 taken together are also shown.

Table 3 presents the revised figures on volume index of retail sales for all retail outlets and by broad type of retail outlet for April 2025 as well as the provisional figures for May 2025. The provisional figures on year-on-year changes for the first 5 months of 2025 taken together are also shown.

Table 4 shows the movements of the value and volume of total retail sales in terms of the year-on-year rate of change for a month compared with the same month in the preceding year based on the original series, and in terms of the rate of change for a three-month period compared with the preceding three-month period based on the seasonally adjusted series.

The classification of retail establishments follows the Hong Kong Standard Industrial Classification (HSIC) Version 2.0, which is used in various economic surveys for classifying economic units into different industry classes.

These retail sales statistics measure the sales receipts in respect of goods sold by local retail establishments and are primarily intended for gauging the short-term business performance of the local retail sector. Data on retail sales are collected from local retail establishments through the Monthly Survey of Retail Sales (MRS). Local retail establishments with and without physical shops are covered in MRS and their sales, both through conventional shops and online channels, are included in the retail sales statistics.

The retail sales statistics cover consumer spending on goods but not on services (such as those on housing, catering, medical care and health services, transport and communication, financial services, education and entertainment) which account for over 50% of the overall consumer spending. Moreover, they include spending on goods in Hong Kong by visitors but exclude spending outside Hong Kong by Hong Kong residents. Hence they should not be regarded as indicators for measuring overall consumer spending.

Users interested in the trend of overall consumer spending should refer to the data series of private consumption expenditure (PCE), which is a major component of the Gross Domestic Product published at quarterly intervals. Compiled from a wide range of data sources, PCE covers consumer spending on both goods (including goods purchased from all channels) and services by Hong Kong residents whether locally or abroad. Please refer to the C&SD publication "Gross Domestic Product by Expenditure Component" for more details.

More detailed statistics are given in the "Report on Monthly Survey of Retail Sales". Users can browse and download this publication at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1080003&scode=530).

Users who have enquiries about the survey results may contact the Distribution Services Statistics Section of the C&SD (Tel: 3903 7400; E-mail: mrs@censtatd.gov.hk).

EDB reminds parents to choose primary schools under Central Allocation process for their children

The Education Bureau (EDB) today (January 12) reminded parents that children who have joined the Primary One Admission (POA) System for 2026 but have not yet secured a discretionary place can take part in the Central Allocation process for a Primary One (P1) place in a government or aided primary school. Parents concerned should make their choice of schools within the period from January 19 to 25.

Digitalisation of POA

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In line with the Smart Government strategy, the EDB has fully implemented digitalisation of the POA. Parents who have registered as POA e-Platform (ePOA) users and have bound their account to "iAM Smart+" may submit the Choice of Schools Form for Central Allocation from January 19 to 25 through the ePOA. Please refer to the related videos and Parent's Guide on the EDB's website (www.edb.gov.hk/en/edu-system/primary-secondary/spa-systems/primary-1-admission/poa_eplatform/index.html) for details of the procedures for activating and logging into an ePOA account and for making school choices for the Central Allocation of POA via the e-Platform.

Making school choices at Central Allocation Centres

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The EDB will send letters to parents on January 14 inviting them to make their choice of schools. To cater for the needs of different parents, parents can still submit the Choice of Schools Form in paper form by visiting the designated Central Allocation Centre at the suggested time slot (i.e. 9.30am to 12.30pm or 1.30pm to 4.30pm on January 24 (Saturday) or 9.30am to 12.30pm on January 25 (Sunday)) stated in the letter.

Parents who are ePOA users may choose to submit the Central Allocation Application via the ePOA or in paper form to the Central Allocation Centre but should not submit duplicate applications. Parents who have not yet received the letter by January 19 should call the School Places Allocation Section of the EDB (Hotline: 2832 7700) as soon as possible.

Only one parent of an applicant child is required to complete the school choice-making procedures. Parents are advised not to take their children to the Central Allocation Centre if possible. Parents who cannot make school choices within the suggested time slot can go to the designated Central Allocation Centre from 1.30pm to 4.30pm on January 25. The Choice of Schools Form will be sent together with the letter to parents who have submitted a paper Application Form at the Discretionary Places stage for filling out in advance.

In the event of adverse weather or other special conditions on any day during the period of making school choices, please pay heed to radio or television announcements on the relevant special arrangements.

Unable to submit application within specified choice-making period

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For individual parents who are unable to use the ePOA or go to the Central Allocation Centre to make school choices, they can authorise in writing a representative to bring the completed Choice of Schools Form and their signed Letter of Authorisation to the Central Allocation Centre to proceed with the related procedures.

To apply for POA 2026 for their children after January 25, parents need to complete necessary procedures with the School Places Allocation Section, which will separately arrange P1 places for the applicant children in June.

Change of residential address

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An EDB spokesman reminded parents that, if they have recently moved their residence or have such plans in the near future, they are required to inform the School Places Allocation Section as soon as possible so that they can make school choices in the POA School Net where their new home is located. Parents should fill in the actual residential address of their child. If they provide a false address for securing a P1 place, the POA application of their child will be rendered void and the P1 place allocated will be withdrawn.

The EDB has put in place a monitoring mechanism to verify the residential addresses of applicant children as given by the parents. Random checks have also been stepped up. The public may call the School Places Allocation Section to report suspected cases of using a false address by parents for their children's POA application. The EDB will take action against false address cases.

Mechanism of Central Allocation

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Central Allocation is composed of two parts. Part A, which takes up 10 per cent of the P1 places earmarked for Central Allocation, is for unrestricted school choices. Parents can choose up to three government or aided primary schools in any school net. Part B takes up the remaining 90 per cent of the P1 places earmarked for Central Allocation. Parents of applicant children residing in the school net concerned are to select schools from the "Choice of Schools List for Central Allocation (Primary One Admission 2026)" of their school net, while parents of applicant children who intend to commute daily to schools in Hong Kong are to select schools from the "2026 Choice of Schools List for Central Allocation (For Applicant Children who intend to commute daily to schools in Hong Kong)". Parents should fill in the Choice of Schools Form in the order of their preference.

The mechanism of the Central Allocation is based on parents' choices in general. The computer-programmed allocation will first process the school choices in Part A and then the school choices in Part B. For oversubscribed schools, the order of priority in allocating places will be determined by random numbers generated by the computer for individual applicants to ensure fairness.

For information about the procedures for Central Allocation, please call the EDB's 24-hour automatic telephone enquiry service at 2891 0088.

Release of Central Allocation results

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For parents who have already activated their ePOA account via "iAM Smart" or "iAM Smart+", they will receive their Central Allocation results through the ePOA from 10am on June 3. Parents who wish to receive the allocation results via SMS on June 3 may choose such an option in the Choice of Schools Form. In addition, the allocation results will be sent to parents by post on June 3 and 4.

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