SUNDAY, APRIL 17, 1988
SIGNIFICANT INCREASES WERE ALSO RECORDED IN THE IMPORT VOLUMES OF CONSUMER GOODS (BY 36 PER CENT); CAPITAL GOODS (BY 35 PER CENT) AS WELL AS RAW MATERIALS AND SEMI-MANUFACTURES (BY 33 PER CENT).
AS FOR THE VOLUME OF RE-EXPORTS, SUBSTANTIAL INCREASES WERE REGISTERED FOR CONSUMER GOODS (BY 53 PER CENT); CAPITAL GOODS (BY 49 PER CENT) AS WELL AS RAW MATERIALS AND SEMI-MANUFACTURES (BY 43 PER
CENT).
BASED ON UNIT VALUE INDEXES, IMPORT PRICES ROSE BY 4 PER CENT WHILE TOTAL EXPORT PRICES INCREASED BY 3 PER CENT.
AS A RESULT, THE TERMS OF TRADE INDEX, DEFINED AS THE RATIO OF THE TOTAL EXPORT PRICE INDEX TO THE IMPORT PRICE INDEX, DECREASED BY
1 PER CENT.
WITHIN TOTAL EXPORTS, THE PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS INCREASED BY 3 PER CENT AND 2 PER CENT RESPECTIVELY.
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ACCORDING TO THE COMPARATIVE INTERNATIONAL STATISTICS PROVIDED UP TO 1986 IN THE REVIEW, HONG KONG WAS THE LARGEST WORLD EXPORTER TOYS AND GAMES AS WELL AS IMITATION JEWELLERY IN 1986.
HONG KONG WAS ALSO THE SECOND LARGEST EXPORTER OF CLOTHING (FOLLOWING ITALY) AND THE THIRD LARGEST EXPORTER OF COMPLETE WATCHES (FOLLOWING SWITZERLAND AND JAPAN).
HONG KONG RANKED FOURTH REGARDING EXPORTS OF RADIO-BROADCAST RECEIVFNS (FOLLOWING JAPAN, TAIWAN AND THE REPUBLIC OF KOREA), AND FIFTH REGARDING EXPORTS OF TRAVEL GOODS AND HANDBAGS (FOLLOWING TAIWAN, ITALY, THE REPUBLIC OF KOREA AND FRANCE).
THE REVIEW WILL BE ON SALE AT THE GOVERNMENT PUBLICATIONS CENTRE, CONNAUGHT PLACE, CENTRAL, AT $20 PER COPY. ENQUIRIES MAY BE DIRECTED TO THE CENSUS AND STATISTICS DEPARTMENT ON TEL. 5-8234915.
SMALL INVESTORS SHOULD MAKE CAREFUL ASSESSMENT
SMALL INVESTORS NEED ΤΟ BE VERY CONSCIOUS OF THE RISKS INVOLVED IF THEY DECIDE TO ENGAGE IN SHORT-TERM SPECULATION IN- STOCKS AND SHARES, THE SECRETARY FOR MONETARY AFFAIRS, MR DAVID NENDICK, SAID TODAY (SUNDAY).
SPEAKING AT THE OPENING OF THE EXHIBITION ON CONSUMER FINANCIAL SERVICES AT THE TUEN MUN PLAZA, MR NENDICK SAID IT WAS OFTEN A MUCH SAFER AND BETTER STRATEGY TO REGARD THE STOCK MARKET AS A MEANS OF MEDIUM OR LONG-TERM INVESTMENT,
/A DECISION