Sales of jewellery and other luxury items in Hong Kong continued their winning streak in November 2025, buoyed by more favourable economic conditions and slightly upbeat consumption sentiment.
Data from the Hong Kong government showed retail sales of jewellery, watches and clocks, and other valuable gifts rose 3.6 per cent to HK$4.64 billion (around US$596 million) in November 2025 compared to year-ago figures while January to November sales were up 0.7 per cent year on year to HK$47 billion (approximately US$6.03 billion).
By comparison, 2024 jewellery sales in November and December, which are seasonally strong shopping holiday months, dipped 5.4 per cent and 13.8 per cent, respectively.
Total retail sales during the month in review increased by 6.5 per cent to HK$33.73 billion (about US$4.32 billion) while January to November figures climbed by 0.4 per cent to HK$345.43 billion (around US$44.33 billion), led by electrical and consumer durable goods as well as alcoholic drinks and tobacco.
The government said retail sales sustained their recovery momentum in November, with sales of many broad retail outlet types increasing.
“The gradual improvement in local consumption sentiment amid sustained economic growth, coupled with the vibrant growth in inbound visitors, will continue to benefit retail businesses,” remarked a government spokesman.