XN000022-1992-02-07 — Page 6

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FRIDAY, FEBRUARY 7, 1992

PROVISIONAL RETAIL SALES SURVEY RESULTS FOR NOVEMBER 1991 RELEASED

-

SALES

YEAR,

THE VALUE OF

RETAIL TOTAL

IN NOVEMBER LAST

WITH ESTIMATED AT $11,700 MILLION, INCREASED BY 19.3% WHEN COMPARED

ACCORDING TO THE PROVISIONAL FINDINGS OF THE NOVEMBER NOVEMBER 1990, 1991 ROUND OF THE MONTHLY RETAIL SALES SURVEY RELEASED TODAY (FRIDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

AFTER ADJUSTING

THE FOR PRICE INCREASES OVER RETAIL SALES ROSE BY 12.7% IN VOLUME TERMS.

PERIOD,

TOTAL

OF

MARKED THE

WERE INCREASES

MAINLY DUE TO A

LEVEL HIGH CONSUMER SPENDING ON CLOTHING, JEWELLERY, WATCHES AND MOTOR VEHICLES.

TOTAL SALES IN RETAIL OUTLETS SELLING JEWELLERY, CLOCKS AND VALUABLE GIFTS RECORDED THE LARGEST INCREASE 1991 COMPARED WITH A YEAR AGO.

WATCHES, IN NOVEMBER

SALES WERE UP BY 32% IN VALUE AND 39% IN VOLUME. THERE WAS

THE FALL IN PRICES OF THESE VALUABLE ITEMS, CONTRIBUTING TO INCREASE IN THE SPENDING ON SUCH COMMODITIES.

A

MARKED

SALES IN RETAIL OUTLETS SELLING CLOTHING, FOOTWEAR AND PRODUCTS WENT UP BY 32% IN VALUE AND 21% IN VOLUME.

ALLIED

SPENDING ON CONSUMER DURABLE GOODS INCREASED BY SIMILAR

INCREASE MAGNITUDES, 25% IN VALUE AND 19% IN VOLUME. THE RAPID MAINLY ATTRIBUTABLE TO AN INCREASE IN SALES OF MOTOR VEHICLES.

WAS

SALES IN SUPERMARKETS AND DEPARTMENT STORES SHOWED LESS INCREASES, BY 9% AND 2% IN VOLUME RESPECTIVELY.

MARKED

WAS REGISTERED

FOR

OTHER THAN

ON THE OTHER HAND, A DECREASE IN SALES VOLUME

ALCOHOLIC FOODSTUFFS,

DRINKS AND TOBACCO OUTLETS, SUPERMARKETS, BY 5% IN NOVEMBER 1991 OVER NOVEMBER 1990.

COMPARING THE PERIOD JANUARY TO NOVEMBER 1991 WITH PERIOD IN 1990, TOTAL RETAIL SALES ROSE BY 17% IN VALUE AND VOLUME.

WITH

THE SAME 10% IN

COMPARED

MIND OCTOBER

THAT 1991, AND BEARING IN COMPARISON MAY BE AFFECTED BY SEASONAL FACTORS, TOTAL RETAIL SALES NOVEMBER 1991 REMAINED VIRTUALLY UNCHANGED IN VALUE BUT DECREASED 1% IN VOLUME.

THIS

IN

BY

FIGURES

CHANGES IN THE VOLUME OF RETAIL SALES ARE DERIVED FROM ON THE VALUE OF RETAIL SALES AFTER HAVING ADJUSTED FOR PRICE CHANGES.

ARE THE

ΤΟ

THE INDICATORS OF PRICE CHANGES USED FOR THE PURPOSE RESPECTIVE COMPONENTS OF THE CONSUMER PRICE INDEX WHICH CORRESPOND THE BROAD CATEGORY OF GOODS IN QUESTION.

/THE REPORT

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