XN000022-1989-09-01 — Page 5

4

FRIDAY, SEPTEMBER 1, 1989

JUNE RESULTS OF RETAIL SALES SURVEY RELEASED

* * *

*

IN

JUNE 1989,

ESTIMATED AT JUNE 1988 TO THE CENSUS

THE VALUE OF TOTAL RETAIL SALES $7,957 MILLION, DECREASED BY 4 PER CENT WHEN COMPARED WITH

ACCORDING BY 10 PER CENT, WHILST THEIR VOLUME DECREASED PROVISIONAL RESULTS OF A SURVEY RELEASED TODAY (FRIDAY) BY THE AND STATISTICS DEPARTMENT.

AS WELL

THIS REFLECTS A SLACKENING IN LOCAL CONSUMER SPENDING

COMING TO HONG AS A SIGNIFICANT DECREASE IN THE NUMBER OF TOURISTS KONG IN JUNE. THE EVENTS IN CHINA IN EARLY JUNE COULD HAVE MUCH TO WITH THE LATTER FACTOR.

COMPARED WITH JUNE 1988, RETAIL SALES OF FOODSTUFFS, DRINKS AND TOBACCO WENT UP BY 14 PER CENT IN VALUE AND 2 PER VOLUME. FUELS WENT UP BY 9 PER CENT IN SALES VALUE AND 2 PER SALES VOLUME.

DO

ALCOHOLIC CENT IN CENT IN

ALLIED ON THE SAME BASIS OF COMPARISON, CLOTHING, FOOTWEAR AND

PER CENT IN PRODUCTS DECREASED BY 12 PER CENT IN SALES VALUE AND 20

VALUE SALES VOLUME. CONSUMER DURABLES DROPPED BY 18 PER CENT IN SALES AND 22 PER CENT IN SALES VOLUME.

OTHER CONSUMER GOODS DECREASED BY 5 PER AND 9 PER CENT IN SALES VOLUME.

CENT IN SALES VALUE

SALES

INCREASED MOTOR

VOLUME.

AND 7 PER BY 6 PER

OF SUPERMARKETS ANALYSED BY SELECTED TRADES,

IN PER CENT FELL BY 3 BY 8 PER CENT IN VALUE BUT VEHICLES AND PARTS WENT DOWN BY 1 PER CENT IN SALES VALUE CENT IN SALES VOLUME. SALES BY DEPARTMENT STORES DECREASED CENT IN VALUE AND 13 PER CENT IN VOLUME, CONSUMER DURABLES OTHER MOTOR VEHICLES AND PARTS DROPPED BY 28 PER CENT IN SALES VALUE AND PER CENT IN SALES VOLUME.

THAN 30

1988,

COMPARING THE FIRST HALF OF 1989 WITH THE SAME PERIOD IN TOTAL RETAIL SALES INCREASED BY 10 PER CENT IN VALUE AND 2 PER CENT IN AND TOBACCO INCREASED VOLUME. SALES OF FOODSTUFFS, ALCOHOLIC DRINKS BY 15 PER CENT IN VALUE AND 3 PER CENT IN VOLUME. FUELS WENT UP PER CENT IN SALES VALUE AND 2 PER CENT IN SALES VOLUME.

BY 7

RETAIL SALES OF CLOTHING, FOOTWEAR AND ALLIED PRODUCTS ROSE

DURABLES PER

CONSUMER IN CENT

VOLUME. 16 PER CENT IN VALUE AND 5

FELL BY 2 PER CENT INCREASED BY 5 PER CENT IN SALES VALUE BUT SALES VOLUME.

BY

IN

OTHER CONSUMER GOODS WENT UP BY 9 PER CENT IN SALES

3 PER CENT IN SALES VOLUME.

ANALYSED BY SELECTED TRADES, RETAIL

VALUE AND

SALES OF MOTOR VEHICLES

IN VALUE AND 3 PER PER CENT IN VALUE

AND PARTS INCREASED BY 37 PER CENT IN VALUE AND 28 PER CENT IN VOLUME. SALES BY DEPARTMENT STORES ROSE BY 13 PER CENT CENT IN VOLUME. SUPERMARKETS SALES WENT UP BY 12 AND 1 PER CENT IN VOLUME.

/HOWEVER, CONSUMER