Hong Kong’s retail sector continues to struggle, with sales figures declining for the sixth consecutive month. The ongoing downturn highlights the difficulties faced by businesses operating in the region’s retail market.

The latest figures indicate a sustained period of weakness, raising concerns about the overall health of the Hong Kong economy. Analysts attribute the decline to a combination of factors, including decreased tourism and changing consumer spending habits.

Retailers are adapting to the challenging environment by:

• Adjusting pricing strategies
• Focusing on online sales channels
• Exploring new market segments

The Hong Kong Retail Management Association has called for government support to help businesses navigate the current economic headwinds. The association suggests measures such as tax relief and promotional campaigns to boost consumer spending.