XN000022-1993-10-04 — Page 4

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MONDAY, OCTOBER 4, 1993

RETAIL SALES FIGURES FOR JULY RELEASED

*

AT $15.8 LAST YEAR, CENSUS THE

AND

THE VALUE OF TOTAL RETAIL SALES IN JULY, ESTIMATED

INCREASED 16% WHEN COMPARED WITH THE SAME MONTH STATISTICS RELEASED TODAY (MONDAY) BY

ΤΟ

BILLION, ACCORDING STATISTICS DEPARTMENT.

AFTER

THE EFFECT OF PRICE CHANGES OVER DISCOUNTING PERIOD, TOTAL RETAIL SALES ROSE BY 9% IN VOLUME TERMS.

THE

SAME

THE INCREASE WAS MAINLY ATTRIBUTABLE TO GROWTH IN SPENDING CLOTHING AND FOOTWEAR, FUELS AND MOTOR VEHICLES, AS WELL AS SALES DEPARTMENT STORES.

ON

IN

INCREASE

SALES OF CLOTHING AND FOOTWEAR REGISTERED THE LARGEST IN JULY 1993 COMPARED WITH A YEAR AGO, 36% IN VALUE AND 26% IN VOLUME.

FUELS, VALUB

INCREASES WERE ALSO RECORDED FOR SALES OF CONSIDERABLE 19% IN VALUE AND 13% IN VOLUME; SALES OF MOTOR VEHICLES, 17% IN AND 7% IN VOLUME; AND SALES IN DEPARTMENT STORES, 17% IN VALUE AND 10% IN VOLUME.

SALES IN BOTH SUPERMARKETS AND OTHER FOODSTUFFS OUTLETS WENT UP 5% WERE MODERATELY BY 12% IN VALUE. IN VOLUME TERMS, THE INCREASES AND 6% RESPECTIVELY.

SALES OF JEWELLERY, WATCHES AND CLOCKS, AND VALUABLE GIFTS ROSE BY 8% IN VALUE, BUT DECREASED SLIGHTLY BY 1% IN VOLUME.

SAME 8% IN

THE

THE FIRST SEVEN MONTHS OF THIS YEAR WITH COMPARING PERIOD LAST YEAR, TOTAL RETAIL SALES ROSE BY 13% IN VALUE AND VOLUME.

WITH JUNE 1993,

IN

COMPARED

AND BEARING IN MIND THAT THIS COMPARISON MAY BE AFFECTED BY SEASONAL FACTORS, TOTAL RETAIL SALES JULY 1993 INCREASED 8% BOTH IN VALUE AND IN VOLUME.

RETAIL

THE VOLUME OF RETAIL SALES IS DERIVED FROM THE VALUE OF SALES AFTER ADJUSTING FOR PRICE CHANGES. THE RELEVANT COMPONENTS THE CONSUMER PRICE INDEX ARE USED AS DEFLATORS.

OF

IS

THE REPORT CONTAINING THE ANALYSIS OF THE JULY 1993 RESULTS NOW ON

CENTRE, SALE

PUBLICATIONS AT $2 A COPY AT THE GOVERNMENT

AT THE GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE, CENTRAL; AND

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

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