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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.
Table 1 presents the revised total retail sales figure for July 1996 and the provisional figure for August 1996.
Table 2 shows the value and volume indices of retail sales in August 1995, July 1996 and August 1996 for all retail outlets and by type of retail outlets, with average retail sales from October 1994 to September 1995 taken as 100.
Comparisons of the August 1996 results with those for July 1996 and those for August 1995, as well as comparison of retail sales in the period from January to August of 1996 with the same period in 1995 are also given.
The report containing the analysis of the August 1996 results is now on sale at $4 per copy at the Government Publications Centre, Queensway Government Offices, ground floor, Low Block, 66 Queensway; and the Publications Unit of the Census and Statistics Department, 19th floor, Wanchai Tower, 12 Harbour Road, Wan Chai.
Enquiries about the survey results may be directed to the Wholesale and Retail Trade Statistics Section of the Census and Statistics Department on 2802 1258.
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