Data provided by Hong Kong’s Census and Statistics Department and quoted by IDEX Online shows that sales of jewelry, watches, clocks and other valuable gifts went up 3.3% year-on-year in October, reaching HKD 6.868 billion ($878 million).
For the first ten months of 2018 (January to October), sales of jewelry, watches, clocks and other valuable gifts soared 18.2% to HKD 71.184 billion ($9.10 billion).
Overall retail sales in Hong Kong rose 6% year-on-year in October to HKD 39.745 billion ($5.08 billion). Between January and October, overall retail sales increased 10.6% to HKD 401.0 billion ($51.3 billion). There were also more sales in October than in September, a rise attributed to an “increase in visitor arrivals and continued income growth”.