Value of Restaurant Receipts in Q2 2026 Rise 0.4%, While Volume Sees a 0.4% Decline Compared to Last Year

Provisional statistics of restaurant receipts and purchases for second quarter of 2026

The Census and Statistics Department (C&SD) released the latest provisional figures on restaurant receipts and purchases today (August 4).

The Census and Statistics Department, Photo source: reference image

The value of total receipts of the restaurants sector in the second quarter of 2026, provisionally estimated at $27.2 billion, increased by 0.4% over a year earlier. Over the same period, the provisional estimate of the value of total purchases by restaurants increased by 2.5% to $8.8 billion.

After netting out the effect of price changes over the same period, the provisional estimate of the volume of total restaurant receipts decreased by 0.4% in the second quarter of 2026 compared with a year earlier.

Analysed by type of restaurant and comparing the second quarter of 2026 with the second quarter of 2025, total receipts of Chinese restaurants increased by 1.5% in value and 0.7% in volume. Total receipts of non-Chinese restaurants increased by 1.6% in value and 1.0% in volume. Total receipts of fast food shops decreased by 1.5% in value and 2.5% in volume. Total receipts of bars decreased by 3.8% in value and 4.6% in volume. As for miscellaneous eating and drinking places, total receipts decreased by 2.7% in value and 3.6% in volume.

Based on the seasonally adjusted series, the provisional estimate of total restaurant receipts decreased by 0.5% in both value and volume in the second quarter of 2026 compared with the preceding quarter.

Comparing the first half of 2026 with the same period in 2025, total restaurant receipts increased by 0.8% in value but decreased by 0.1% in volume.

To facilitate further understanding of the short-term business performance of the restaurants sector, statistics in respect of the restaurant receipts and purchases in individual months of the reference quarter are also compiled.

Analysed by month, it was provisionally estimated that the value of total receipts of the restaurants sector increased by 0.9%, increased by 0.6% and decreased by 0.5% respectively in April, May and June 2026, compared with the corresponding months in 2025.

After discounting the effect of price changes, it was provisionally estimated that the volume of total restaurant receipts increased by 0.2%, decreased by 0.2% and decreased by 1.3% respectively in April, May and June 2026, compared with the corresponding months in 2025.

Restaurants in Hong Kong, Photo source: reference image

Commentary

A Government spokesman said that business of restaurants was largely steady recently. The value of total restaurant receipts increased by 0.4% in the second quarter over a year earlier, rendering an increase of 0.8% in the first half of the year.

Looking ahead, continued economic expansion, rising local incomes, and a steady increase in inbound visitors are expected to provide support to restaurant businesses. Yet, external uncertainties still constitute downside risks. The Government will continue to closely monitor the potential impacts of external developments on restaurant businesses.

Further information

The revised figures on restaurant receipts and purchases for the second quarter of 2026 (with breakdown by month) will be released through the website of theC&SD (www.censtatd.gov.hk/en/scode540.html) and relevant publications of the Department from September 18, 2026.

The classification of restaurants 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.

More detailed statistics are given in the "Report on Quarterly Survey of Restaurant Receipts and Purchases". Users can browse and download the publication at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1080002&scode=540).

Restaurants in Hong Kong, Photo source: reference image

Users who have enquiries about the survey results may contact the Distribution Services Statistics Section of theC&SD (Tel: 3903 7401; e-mail: qsr@censtatd.gov.hk).

Government launches new batch of Silver Bond

The Government announced today (August 6) the launch of a new batch of Silver Bond for subscription by eligible Hong Kong residents.

The target issuance size of this batch of Silver Bond is HK$50billion, with each unit offered at HK$10,000 and a tenor of three years. Interest will be paid semi-annually at a rate linked to inflation in Hong Kong, subject to a minimum of 4.25 per cent. The Government may exercise discretion to increase the target issuance size to a maximum of HK$55 billion from HK$50 billion, subject to market response. Hong Kong residents who turn 60 in or before 2027 (i.e. those born in 1967 or before) holding a valid Hong Kong Identity Card will be eligible for subscription.

The bonds are offered under the retail part of the Infrastructure Bond Programme. Proceeds will be credited to the Capital Works Reserve Fund for investment in infrastructure projects in accordance with the Infrastructure Bond Framework. The Government will provide information on the allocation of the proceeds in the relevant Infrastructure Bond Reports.

The Financial Secretary, Mr Paul Chan, said, "The Hong Kong Special Administrative Region Government continues to issue Silver Bond this year, offering senior citizens a safe, steady and low-risk investment option while encouraging the financial sector to tap into the business potential of the silver economy. Issued under the Infrastructure Bond Programme, proceeds from this batch of Silver Bond will be used to fund public works projects to push ahead Hong Kong's infrastructure and urban development, enhancing people's quality of life while enabling citizens to participate in and benefit from the city's development."

There will be no secondary market for Silver Bond. Bondholders may sell their bonds before maturity to the Government at par together with accrued but unpaid interest. To encourage greater participation from citizens, a maximum allocation of HK$1 million per investor is stipulated, meaning that each investor is allocated 100 units of retail bonds at most.

The subscription period of Silver Bond will start from 9am on August 21 and end at 2pm on September 4. The bonds will be issued on September 15. Eligible Hong Kong residents may apply for the bonds through one of the placing banks and designated securities brokers. The offering terms and subscription arrangements of Silver Bond, including the list of placing banks and designated securities brokers, will be available on the Hong Kong Government Bonds website (www.hkgb.gov.hk).

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