MONDAY, SEPTEMBER 26, 1994
10
PROVISIONAL RESULTS OF RETAIL SALES SURVEY FOR JULY 1994 RELEASED
THE VALUE OF TOTAL RETAIL SALES IN JULY THIS YEAR,
JULY $17.2 BILLION, INCREASED BY 9% WHEN COMPARED WITH
THE ACCORDING TO
STATISTICS RELEASED TODAY (MONDAY) BY STATISTICS DEPARTMENT.
ESTIMATED AT LAST YEAR, CENSUS AND
PERIOD,
AFTER DISCOUNTING THE EFFECT OF PRICE CHANGES OVER THE TOTAL RETAIL SALES ROSE BY 3% İN VOLUME TERMS IN JULY 1994 OVER A YEAR EARLIER.
BY
ΤΟ GROWTH IN THE INCREASE IN JULY WAS MAINLY ATTRIBUTABLE
SALES OF THESE ITEMS INCREASED SPENDING ON CLOTHING AND FOOTWEAR. 19% IN VALUE AND 10% IN VOLUME.
MODERATE INCREASES WERE RECORDED IN THE SALES OF MOTOR VEHICLES AND 4% IN IN VALUE AND 6% IN VOLUME) AND FUELS (10% IN VALUE
(12% VOLUME).
AND SALES
OF OTHER FOODSTUFFS SALES IN SUPERMARKETS INCREASED BY 9% IN VALUE. IN VOLUME TERMS, THE INCREASES WERE 1% 3% RESPECTIVELY. SALES OF JEWELLERY AND WATCHES INCREASED BY VALUE AND 6% IN VOLUME.
BOTH
AND
8% IN
STORES RECORDED NO ON THE OTHER HAND, SALES IN DEPARTMENT
SALES OF CONSUMER CHANGE IN VALUE BUT A DECREASE OF 6% IN VOLUME. DURABLE GOODS OTHER THAN MOTOR VEHICLES DECREASED BY 8% IN VALUE 11% IN VOLUME.
COMPARED
WITH JUNE
BUT 1994,
AND
IN
BEARING IN MIND THAT THIS COMPARISON MAY BE AFFECTED BY SEASONAL FACTORS, TOTAL RETAIL SALES JULY 1994 INCREASED BY 8% IN BOTH VALUE AND VOLUME TERMS.
COMPARING THE FIRST SEVEN MONTHS OF THIS YEAR WITH PERIOD LAST YEAR, TOTAL RETAIL SALES ROSE BY 13% IN VALUE VOLUME.
THE SAME AND 8% IN
RETAIL
THE VOLUME OF RETAIL SALES IS DERIVED FROM THE VALUE OF
THE RELEVANT COMPONENTS SALES AFTER ADJUSTING FOR PRICE CHANGES. THE CONSUMER PRICE INDEX ARE USED AS DEFLATORS.
AT
THE REPORT CONTAINING THE ANALYSIS OF THE JULY 1994 RESULTS
THE GOVERNMENT PUBLICATIONS NOW ON SALE AT $3 A COPY
PLACE, CENTRAL;
GENERAL POST OFFICE BUILDING,
PUBLICATIONS
SECTION OF THE
CONNAUGHT
AND CENSUS
19TH FLOOR, WANCHAI TOWER, WAN CHAI.
OF
IS
CENTRE, AND THE STATISTICS DEPARTMENT,
/ENQUIRIES ABOUT