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TUESDAY, JUNE 2, 1992
SALES OF JEWELLERY, WATCHES, CLOCKS AND VALUABLE GIFTS IN MARCH RECORDED AN INCREASE OF 34% IN VALUR AND 38% IN VOLUME. THE RAPID YEAR-ON-YEAR GROWTH IN THE SALES OF THESE ITEMS WAS PARTLY DUE TO A CONTINUED LOW LEVEL OF GOLD PRICES.
SALES IN SUPERMARKETS AND OTHER FOODSTUFF OUTLETS. IN MARCH BOTH INCREASED BY 8% IN VALUE BUT DROPPED SLIGHTLY BY 1% AND 2% RESPECTIVELY IN VOLUME, OVER A YEAR AGO."
COMPARING THE PERIOD JANUARY TO MARCH THIS YEAR WITH THE SAME PERIOD LAST YEAR, TOTAL RETAIL SALES ROSE BY 20% IN VALUE AND 14% VOLUME.
IN
COMPARED WITH FEBRUARY 1992, AND BEARING IN MIND THAT THIS COMPARISON MAY BE AFFECTED BY SEASONAL FACTORS, TOTAL RETAIL SALES IN MARCH 1992 INCREASED BY 6% IN BOTH VALUE AND VOLUME TERMS.
CHANGES IN THE VOLUME OF RETAIL SALES ARE DERIVED FROM FIGURES ON THE VALUE OF RETAIL SALES AFTER HAVING ADJUSTED FOR PRICE CHANGES. THE RELEVANT COMPONENTS OF THE CONSUMER PRICE INDEX ARE USED AS INDICATORS OF PRICE CHANGES.
A REPORT ANALYSING THE MARCH 1992 RESULTS IS ON SALE AT $1.5 PER COPY AT THE GOVERNMENT PUBLICATIONS SALES CENTRE, GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE, CENTRAL; AND THE PUBLICATIONS SALES COUNTER OF CENSUS AND STATISTICS DEPARTMENT, 19/F, WANCHAI TOWER I, WAN CHAI.
ENQUIRIES MAY BE DIRECTED TO THE WHOLESALE AND RETAIL TRADE STATISTICS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT ON TEL 802 1258.
NOTE TO EDITORS:
TABLE 1 PRESENTS THE REVISED TOTAL RETAIL SALES FIGURE FOR FEBRUARY 1992 AND THE PROVISIONAL FIGURE FOR MARCH 1992.
TABLE 2 SHOWS THE VALUE AND VOLUME INDEXES OF RETAIL SALES
IN FEBRUARY AND MARCH 1992 FOR ALL RETAIL OUTLETS AND BY TYPE OF RETAIL OUTLET, WITH AVERAGE RETAIL SALES FROM OCTOBER 1989 TO SEPTEMBER
1990 TAKEN AS 100. COMPARISONS OF MARCH 1992 RESULTS WITH THOSE FOR FEBRUARY 1992 AND MARCH 1991, AND COMPARISONS OF RETAIL SALES IN PERIOD JANUARY TO MARCH OF 1992 WITH THE SAME PERIOD IN 1991 ARE GIVEN.
THE
ALSO
/TABLE 1 :