XN000022-1987-11-03 — Page 7

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TUESDAY, NOVEMBER 3, 1987

PROVISIONAL RESULTS OF RETAIL SALES SURVEY FOR AUGUST

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THE VALUE OF TOTAL RETAIL SALES IN AUGUST THIS YEAR, ESTIMATED AT $7,347 MILLION, WAS 22 PER CENT HIGHER THAN IN AUGUST LAST YEAR WHILST THEIR VOLUME WAS 13 PER CENT HIGHER, ACCORDING ΤΟ THE PROVISIONAL RESULTS OF A SURVEY RELEASED TODAY (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

IN

THIS REFLECTED A HIGHLY BUOYANT PRIVATE CONSUMPTION DEMAND, LINE WITH THE STRONG PERFORMANCE OF THE ECONOMY OVER THE COURSE OF THIS YEAR.

COMPARED WITH AUGUST LAST YEAR, RETAIL SALES OF "OTHER CONSUMER GOODS" ROSE SUBSTANTIALLY BY 29 PER CENT IN VALUE AND 20 PER CENT IN VOLUME. "CLOTHING, FOOTWEAR AND ALLIED PRODUCTS "AND CONSUMER DURABLES BOTH WENT UP BY 21 PER CENT IN SALES VALUE AND BY 14 PER CENT AND 12 PER CENT RESPECTIVELY IN SALES VOLUME.

SALES OF FOODSTUFFS, ALCOHOLIC DRINKS AND TOBACCO INCREASED BY 12 PER CENT IN VALUE AND SIX PER CENT IN VOLUME. FUELS INCREASED BY 11 PER CENT IN SALES VALUE AND TWO PER CENT IN SALES VOLUME.

ANALYSED BY SELECTED TRADES, SALES OF MOTOR VEHICLES AND PARTS INCREASED SUBSTANTIALLY, BY 55 PER CENT IN VALUE AND 43 PER CENT IN VOLUME. DEPARTMENT STORES ALSO ROSE SUBSTANTIALLY BY 33 PER CENT IN SALES VALUE AND 25 PER CENT IN SALES VOLUME.

SUPERMARKET SALES INCREASED BY 20 PER CENT IN VALUE AND 15 PER CENT IN VOLUME, WHILE THE INCREASE FOR CONSUMER DURABLES OTHER THAN MOTOR VEHICLES AND PARTS WERE NINE PER CENT AND THREE PER CENT

RESPECTIVELY.

COMPARING THE PERIOD JANUARY TO AUGUST 1987 WITH THE SAME PERIOD IN 1986, TOTAL RETAIL SALES INCREASED BY 16 PER CENT IN VOLUME.

RETAIL SALES OF BOTH CONSUMER DURABLES AND "OTHER CONSUMER GOODS" INCREASED BY 20 PER CENT IN VALUE AND 11 PER CENT IN VOLUME. CLOTHING, FOOTWEAR AND ALLIED PRODUCTS WENT UP BY 16 PER CENT IN SALES VALUE AND NINE PER CENT IN SALES VOLUME.

FOODSTUFFS, ALCOHOLIC DRINKS AND TOBACCO INCREASED MODERATELY BY 10 PER CENT IN SALES VALUE AND SIX PER CENT IN SALES VOLUME. FUELS WENT UP BY ONE PER CENT IN SALES VALUE AND THRÉE PER CENT IN SALES VOLUME.

ANALYSED BY SELECTED TRADES, SALES OF MOTOR VEHICLES AND PARTS INCREASED BY 40 PER CENT IN VALUE AND 27 PER CENT IN VOLUME.

SALES BY DEPARTMENT STORES AND SUPERMARKETS WENT UP BY 24 CENT AND 21 PER CENT RESPECTIVELY IN VALUE AND 17 PER CENT AND 16 CENT RESPECTIVELY IN VOLUME.

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/CONSUMER DURABLES