23
FRIDAY, MARCH 5, 1993
WENT
SALES OF CONSUMER DURABLE GOODS OTHER THAN MOTOR VEHICLES UP MARKEDLY BY 22% IN VALUE AND 21% IN VOLUME, WHILE THOSE OF MOTOR VEHICLES BY 17% AND 11% RESPECTIVELY.
GIFTS ALSO THE LARGER
SALES OF JEWELLERY, WATCHES, CLOCKS AND VALUABLE ROSE CONSIDERABLY, BY 19% IN VALUE AND 24% IN VOLUME. INCREASE IN VOLUME WAS A RESULT OF THE FALL IN THE PRICES OF JEWELLERY ITEMS.
MODERATE INCREASES WERE RECORDED FOR SALES OF FUELS, BY 16% IN VALUE AND 9% IN VOLUME, AND SALES IN SUPERMARKETS, BY 9% IN VALUE AND 2% IN VOLUME.
ON THE OTHER HAND, SALES IN DEPARTMENT STORES SHOWED NO GROWTH IN VOLUME, DESPITE AN INCREASE IN VALUE BY 8%. SALES IN OTHER FOODSTUFF OUTLETS THOUGH INCREASED BY 2% IN VALUE, RECORDED A DECREASE OF 2% IN VOLUME.
COMPARING 1992 WITH THE PRECEDING YEAR, TOTAL RETAIL SALES ROSE BY 18% IN VALUE AND 12% IN VOLUME. THE CORRESPONDING INCREASES IN 1991 WERE 17% AND 10% RESPECTIVELY, INDICATING A CONTINUED GROWTH IN CONSUMER SPENDING DURING 1992.
SALES OF MOTOR VEHICLES ROSE SHARPLY IN 1992 BY 50% IN VALUE AND 41% IN VOLUME; AND THOSE OF CLOTHING, FOOTWEAR AND ALLIED PRODUCTS BY 26% IN VALUE AND 14% IN VOLUME.
CONSIDERABLE INCREASES WERE ALSO RECORDED FOR SALES OF JEWELLERY, WATCHES, CLOCKS, AND VALUABLE GIFTS (BY 18% IN VALUR AND 23% IN VOLUME); SALES OF CONSUMER DURABLES OTHER THAN MOTOR VEHICLES (BY 14% IN VALUE AND 12% IN VOLUME); AND SALES IN DEPARTMENT STORES (BY 14% IN VALUE AND 5% IN VOLUME).
SALES IN SUPERMARKETS INCREASED AT A LESS RAPID RATE, BY 10% IN VALUE AND 2% IN VOLUME WHEREAS SALES IN OTHER FOODSTUFF OUTLETS RECORDED A 4% INCREASE IN VALUE BUT A 3% DECREASE IN VOLUME.
COMPARING WITH NOVEMBER 1992, AND BEARING IN MIND THAT THIS COMPARISON MAY BE AFFECTED BY SEASONAL FACTORS, TOTAL RETAIL SALES IN DECEMBER 1992 INCREASED BY 18% IN BOTH VALUE AND VOLUME TERMS.
THE VOLUME OF RETAIL SALES IS DERIVED FROM THE VALUE OF RETAIL SALES AFTER ADJUSTING FOR PRICE CHANGES. THE RELEVANT COMPONENTS OF THE CONSUMER PRICE INDEX ARE USED AS DEFLATORS.
THE REPORT CONTAINING THE ANALYSIS OF THE DECEMBER 1992 RESULTS TS NOW ON SALE AT $1.5 A COPY AT THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE, CENTRAL; AND THE PUBLICATIONS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT, 19TH FLOOR, WANCHAI TOWER, WAN CHAI.
ENQUIRIES ABOUT THE SURVEY RESULTS MAY BE WHOLESALE AND RETAIL TRADE STATISTICS SECTION OF STATISTICS DEPARTMENT ON TEL 802 1258.
DIRECTED ΤΟ THE CENSUS
THE
AND
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