THURSDAY, SEPTEMBER 8, 1994
MOTORISTS ARE
REMINDED THAT ROAD CAPACITIES ALONG LION ROCK TUNNEL ROAD ARE STILL REDUCED DURING, STAGE II WORKS, AND ARE ADVISED TO CHOOSE ALTERNATIVE ROUTES.
COMMUTERS ARE
ALSO REQUESTED TO MAKE THE BEST USE OF PUBLIC TRANSPORT SERVICES, AND то PLAN THEIR TRAVEL WELL TAKING INTO CONSIDERATION THE POSSIBLE DELAY IN JOURNEY.
THE TRANSPORT DEPARTMENT IS REFINING THE TRAFFIC MANAGEMENT MEASURES WHICH CAN BEST MEET PEAK HOUR TRAFFIC DEMAND IN THE ROAD SECTIONS AFFECTED BY WORKS, WITH REFERENCE TO THE ACTUAL TRAFFIC SITUATION.
FURTHER FINE TUNNING OF THE TRAFFIC ARRANGEMENTS ARE NOW IN HAND PARTICULARLY AT HUNG MUI KUK INTERCHANGE TO REDUCE CONGESTION. THE POSITION SHALL BE CLOSELY MONITORED BY DEPARTMENTS CONCERNED AND IMPROVEMENTS TO THE TRAFFIC SCHEME SHALL BE IMPLEMENTED WHERE POSSIBLE.
VOLUME AND PRICE MOVEMENTS OF EXTERNAL TRADE IN JUNE 1994
THE VOLUME OF RE-EXPORTS IN THE FIRST HALF OF THIS YEAR RECORDED AN INCREASE OF 14% OVER THE SAME PERIOD LAST YEAR, WHILE THE VOLUME OF DOMESTIC EXPORTS DECREASED BY 5.7%, ACCORDING TO STATISTICS RELEASED TODAY (THURSDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
TAKING RE-EXPORTS AND DOMESTIC EXPORTS TOGETHER, THE VOLUME OF TOTAL EXPORTS INCREASED BY 9.6%. MEANWHILE, IMPORTS INCREASED BY 12% IN VOLUME.
THE GROWTH IN THE VOLUME OF TRADE IS DERIVED FROM THE GROWTH IN TRADE VALUES WITH THE EFFECT OF PRICE CHANGES BEING DISCOUNTED.
AS REGARDS PRICE CHANGES OVER THE SAME PERIOD OF COMPARISON, THE PRICES OF RE-EXPORTS AND DOMESTIC EXPORTS INCREASED BY 0.6% AND 1.1% RESPECTIVELY. IMPORT PRICES INCREASED BY 1.6%.
PRICE CHANGES ARE REFLECTED BY CHANGES IN UNIT VALUE WHICH ARE COMPILED BASED ON AVERAGE UNIT VALUES OR. FOR COMMODITIES, BASED ON SPECIFIC PRICE DATA.
INDICES, CERTAIN
THE TERMS OF TRADE INDEX, DEFINED AS THE RATIO OF TOTAL EXPORT PRICE INDEX TO IMPORT PRICE INDEX, DECREASED BY 0.9% IN THE FIRST HALF OF 1994 OVER THE SAME PERIOD LAST YEAR.
COMPARING JUNE 1994 WITH JUNE 1993, THE VOLUME OF RE-EXPORTS ACCELERATED FURTHER TO SHOW AN INCREASE OF 20%, WHILE THE VOLUME OF DOMESTIC EXPORTS RETURNED то MODERATE INCREASE OF 4.9%. TAKEN TOGETHER, THE VOLUME OF TOTAL EXPORTS INCREASED BY 17%.
MEANWHILE, THE VOLUME OF IMPORTS GREW MARKEDLY BY 23%.
/THE SIGNIFICANT