XN000022-1994-06-28 — Page 3

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TUESDAY, JUNE 28, 1994

MEANWHILE, FOLLOWING THE RELATIVELY MODERATE INCREASES IN RECENT MONTHS, RETAINED IMPORTS SHOWED A MARKED ACCELERATED INCREASE OF 17% IN MAY 1994 OVER MAY 1993.

THE

THIS SHOULD HAVE FAVOURABLE IMPLICATIONS FOR DOMESTIC DEMAND IN COMING MONTHS.

FOR THE FIRST FIVE MONTHS AS A WHOLE, RETAINED IMPORTS WAS 7.6% HIGHER THAN A YEAR EARLIER.

A MORE DETAILED ANALYSIS OF HONG KONG'S EXTERNAL TRADE FOR MAY 1994, BY COMMODITY AND COUNTRY, WILL BE RELEASED IN MID-JULY.

/PROVISIONAL FIGURES