Consumer Spending in Hong Kong decreased to 441975 HKD Million in the third quarter of 2019 from 479615 HKD Million in the second quarter of 2019. Consumer Spending in Hong Kong averaged 216149.97 HKD Million from 1973 until 2019, reaching an all time high of 488816 HKD Million in the fourth quarter of 2018 and a record low of 40532 HKD Million in the first quarter of 1974. source: Census and Statistics Department, Hong Kong

Consumer Spending in Hong Kong is expected to be 464478.00 HKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Hong Kong to stand at 448605.00 in 12 months time. In the long-term, the Hong Kong Consumer Spending is projected to trend around 472695.00 HKD Million in 2020, according to our econometric models.

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Hong Kong Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
441975.00 479615.00 488816.00 40532.00 1973 - 2019 HKD Million Quarterly
Constant Prices 2016, NSA

Hong Kong Consumer Last Previous Highest Lowest Unit
Consumer Confidence 83.00 86.00 118.00 70.00 points [+]
Retail Sales YoY -25.40 -26.40 30.60 -26.40 percent [+]
Consumer Spending 441975.00 479615.00 488816.00 40532.00 HKD Million [+]
Personal Savings 0.00 0.02 13.21 0.00 percent [+]
Bank Lending Rate 5.00 5.00 19.61 5.00 percent [+]
Retail Sales Mom -0.40 0.30 29.40 -27.30 percent [+]
Households Debt To GDP 75.80 73.20 75.80 34.50 percent of GDP [+]