According to a series of surveys conducted in Hong Kong annually before the Lunar New Year, more respondents expected their holiday shopping expenditure to be higher in 2023 and 2024 in comparison to 2022. In 2024, 35 percent of respondents expected increased spending, whereas only 19 percent thought so in 2022.
Expected change in expenditure during the Spring festival in Hong Kong from 2022 to 2024
Survey question:
Do you expect your spending during this Chinese New Year to [insert: increase; decrease, be almost the same; no opinion] compared to the previous year?
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HKRA. (February 6, 2024). Expected change in expenditure during the Spring festival in Hong Kong from 2022 to 2024 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/976050/hong-kong-expected-change-in-total-chinese-new-year-spending/
HKRA. "Expected change in expenditure during the Spring festival in Hong Kong from 2022 to 2024." Chart. February 6, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/976050/hong-kong-expected-change-in-total-chinese-new-year-spending/
HKRA. (2024). Expected change in expenditure during the Spring festival in Hong Kong from 2022 to 2024. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/976050/hong-kong-expected-change-in-total-chinese-new-year-spending/
HKRA. "Expected Change in Expenditure during The Spring Festival in Hong Kong from 2022 to 2024." Statista, Statista Inc., 6 Feb 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/976050/hong-kong-expected-change-in-total-chinese-new-year-spending/
HKRA, Expected change in expenditure during the Spring festival in Hong Kong from 2022 to 2024 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/976050/hong-kong-expected-change-in-total-chinese-new-year-spending/ (last visited September 20, 2024)
Expected change in expenditure during the Spring festival in Hong Kong from 2022 to 2024 [Graph], HKRA, February 6, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/976050/hong-kong-expected-change-in-total-chinese-new-year-spending/