Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

 Search News  Or
Hong Kong's retail sales rise 11.0% in Jun

Aug. 3, 2012 (China Knowledge) - The value of total retail sales in Hong Kong grew 11.0% YoY to HK$34.8 billion in June this year, according to statistics released by the Census and Statistics Department.

The growth in retail sales was higher than the revised increase of 8.7% in May when retails sales stood at HK$36.0 billion, due to resilient local consumption demand and to a rapid increase in visitor arrivals in the month.

Netting out the effect of price changes, sales volume grew 8.5% YoY in June, after rising 5.7% in May.  

In June, the retail sales volume of miscellaneous durable consumer goods experienced the biggest rise, up 103.3% YoY, followed by a 40.4% surge in the sales volume of motor vehicles, 23.5% increase in electrical goods and photographic equipment, 10.6% increase in footwear, allied products and other clothing accessories, 8.7% increase in commodities in supermarkets and an 8.0% increase in wearing apparel.

However, the volume of sales of furniture and fixtures fell 8.2% in June, followed by a 3.1% decrease in sales of jewellery, watches and clocks, and valuable gifts and a 2.2% decrease in fuels.

In the first six months of this year, Hong Kong's total retail sales rose 13.1% in value or 9.0% in volume compared with the same period in 2011.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved