PricewaterhouseCoopers predicts that the total sales value of Hong Kong's retail industry this year will increase by 5.2%year -on -year.
According to the Hong Kong News Agency, PricewaterhouseCoopers issued a 2024 Hong Kong retail industry on Thursday (February 8), which expressed caution and optimism about the prospects of Hong Kong's retail industry.
Pricewater -Yongdao pointed out that the global interest rate is expected to gradually decline from the second quarter of this year, which will help the stock and real estate market recovery, as well as appreciation of the renminbi, thereby narrowing the price differences between Hong Kong and the mainland.Therefore, in the second half of this year, the recovery of retail sales in Hong Kong will be more obvious.
Since Hong Kong's comprehensive restoration, mainland warehousing supermarkets have become the new shopping hotspot of Hong Kong residents.Pwa predicts that with the strengthening of the RMB, this consumption boom will decline.
PricewaterhouseCoopers also predicts that three categories in Hong Kong's retail industry will increase significantly this year, including department stores' goods, drugs and cosmetics, and the luxury industry.
