XN000022-1988-04-01 — Page 5

FRID Y, APRIL 1, 1988

THE FOURTH AND LAST CONTRACT OF

THE

UPGRADED CONNAUGHT ROAD

PROJECT HAS YET TO BE AWARDED.

IT INVOLVES

THE

EASTERN

ELEVATED WALKWAY ALONG

THE

NORTHERN

EXTENSION

SIDE OF

OF

THE CONNAUGHT ROAD CONNAUGHT

ROAD

FROM

PEDDER STREET TO HUTCHISON HOUSE.

WORK ON IT IS PROGRAMMED TO START THREE CONTRACTS HAVE BEEN COMPLETED.

IN

1990, AFTER THE

FIRST

PROVISIONAL RESULTS OF JANUARY RETAIL SALES SURVEY

*

ESTIMATED AT THE VALUE OF TOTAL RETAIL SALES IN JANUARY 1988,

IN JANUARY 1987 WHILST $8,056 MILLION, WAS 11 PER CENT HIGHER THAN

HIGHER, ACCORDING ΤΟ CENT THEIR VOLUME WAS 2 PER

TODAY (FRIDAY) SURVEY RELEASED RESULTS OF STATISTICS DEPARTMENT.

A

THE BY THE

PROVISIONAL CENSUS

AND

THE TIMING OF THE BUT IN COMPARISON FOR THE

THIS COMPARISON WAS, HOWEVER, AFFECTED BY LUNAR NEW YEAR HOLIDAYS, WHICH OCCURRED IN FEBRUARY THIS YEAR JANUARY LAST YEAR, RESULTING IN A HIGHER BASE OF YEAR-ON-YEAR PERCENTAGE CHANGES IN RETAIL SALES,

ANALYSED BY

MAJOR TRADE GROUPS,

RETAIL SALES

OF FUELS JANUARY INCREASED BY 15 PER CENT IN VALUE AND 6 PER CENT IN VOLUME IN

1987. FOODSTUFFS, ALCOHOLIC DRINKS 1988 WHEN COMPARED WITH JANUARY

AND A AND TOBACCO HAD A NEGLIGIBLE CHANGE IN 6 PER CENT IN SALES VOLUME.

VALUE SALES

DROP OF

ON THE SAME BASIS OF

COMPARISON,

RETAIL SALES OF CLOTHING,

CENT IN VALUE AND FOOTWEAR AND ALLIED PRODUCTS INCREASED BY 18 PER

GOODS" AND CONSUMER DURABLES 7 PER CENT IN VOLUME. "OTHER CONSUMER ROSE BY 14 PER CENT AND 12 PER CENT RESPECTIVELY IN SALES VALUE AND PER CENT AND 5 PER GENT RESPECTIVELY IN SALES VOLUME.

4

OF THE RELEVANT AND PARTS INCREASED BY SALES BY DEPARTMENT

ANALYSED BY SELECTED TRADES, WHICH FORM PART MAJOR TRADE GROUPS, SALES OF MOTOR VEHICLES 25 PER CENT IN VALUE AND 14 PER CENT IN VOLUME. STORES ROSE BY 23 PER CENT IN VALUE AND 12 PER CENT IN VOLUME,

CONSUMER

DURABLES

OTHER THAN

MOTOR

VEHICLES

AND PARTS INCREASED BY 7 PER CENT IN SALES VALUE AND 1 PER CENT IN SALES VOLUME. SUPERMARKET SALES DECREASED BY 9 PER CENT IN VALUE AND IN VOLUME.

15 PER CENT

/WHEN COMPARED