XN000022-1993-08-02 — Page 8

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MONDAY, AUGUST 2, 1993

RETAIL SALES FIGURES FOR MAY

* * * * *

MAY,

$15

ESTIMATED AT THE VALUE

TOTAL RETAIL SALES IN OF

LAST YEAR, BILLION, INCREASED 19% WHEN COMPARED WITH THE SAME MONTH

AND ACCORDING TO THE STATISTICS RELEASED TODAY (MONDAY) BY THE CENSUS STATISTICS DEPARTMENT.

AFTER

THE EFFECT OF PRICE CHANGES OVER DISCOUNTING PERIOD, TOTAL RETAIL SALES ROSE BY 13% IN VOLUME TERMS.

THE

SAMB

SPENDING DURABLE

THE INCREASE WAS MAINLY ATTRIBUTABLE TO THE GROWTH IN ON CLOTHING AND FOOTWEAR, JEWELLERY AND WATCHES, AND CONSUMER GOODS OTHER

MOTOR VEHICLES, AS WELL

SALES OF DEPARTMENT

STORES.

THAN

AS

INCREASE

SALES OF CLOTHING AND FOOTWEAR REGISTERED THE LARGEST IN MAY 1993 COMPARED WITH A YEAR AGO, 46% IN VALUE AND 34% IN VOLUME.

SALES OF JEWELLERY AND WATCHES WENT UP BY 32% IN VALUE AND 30% OTHER THAN MOTOR IN VOLUME, WHILE SALES OF CONSUMER DURABLE GOODS VEHICLES INCREASED 23% IN VALUE AND 22% IN VOLUME.

SALES OF DEPARTMENT STORES ALSO ROSE CONSIDERABLY BY VALUE AND 11% IN VOLUME.

19% IN

-

MODERATE GROWTH WAS RECORDED FOR SALES OF SUPERMARKETS, 10% VALUE AND 3% IN VOLUME.

IN

A

5% IN VOLUME, ON THE OTHER HAND, SALES OF FUELS DROPPED BY DESPITE AN INCREASE OF 2% IN VALUE. SALES OF FOODSTUFFS REGISTERED DECREASE OF 1% IN VALUE AND 6% IN VOLUME WHILE SALES OF MOTOR VEHICLES DECREASED 11% IN VALUE AND 17% IN VOLUME.

PERIOD

COMPARING THE PERIOD JANUARY TO MAY 1993 WITH THE SAME IN 1992, TOTAL RETAIL SALES ROSE BY 13% IN VALUE AND 9% IN VOLUME.

IN

1993, WITH COMPARED

THAT AND BEARING APRIL

MIND COMPARISON MAY BE AFFECTED BY SEASONAL FACTORS, TOTAL RETAIL SALES MAY 1993 INCREASED 13% IN VALUE AND 11% IN VOLUME.

THIS

IN

RETAIL

THE VOLUME OF RETAIL SALES IS DERIVED FROM THE VALUE OF

THE RELEVANT COMPONENTS AFTER ADJUSTING FOR PRICE CHANGES. SALES THE CONSUMER PRICE INDEX ARE USED AS DEFLATORS.

NOW

OF

IS

THE REPORT CONTAINING THE ANALYSIS OF THE MAY 1993 RESULTS

PUBLICATIONS CENTRE, ON SALE AT $2 A COPY AT THE GOVERNMENT

PLACE, CENTRAL;

THE OFFICE GENERAL POST

BUILDING, CONNAUGHT

19TH OF THE CENSUS AND STATISTICS SECTION FLOOR, WANCHAI TOWER, WAN CHAI.

PUBLICATIONS

AND

DEPARTMENT,

/ENQUIRIES ABOUT