Hong Kong's retail sales of jewellery and other luxury items rose in July, on the back of a more stable consumption sentiment, latest government data showed.

The Census and Statistics Department revealed that sales of jewellery, watches and clocks, and valuable gifts reached HK$4.09 billion (around US$523 million) during the month in review, up 9.4 per cent year on year. 

Jewellery sales from January to July, meanwhile, fell 4.3 per cent to HK$28.93 billion (around US$3.71 billion) from year-ago figures.

Retail sales across all categories also showed stability, totalling HK$29.7 billion (around US$3.81 billion) in July, representing a 1.8 per cent increase over the same period in 2024. This growth rate was slightly faster than the 0.7 per cent increase recorded in June.

Moving forward, Hong Kong said retail sales will continue to stabilise, citing government efforts to promote tourism and mega events, which are expected to benefit retailers.