HK retail sales rise 16% in December
Source: Xinhua |
February 2, 2010, Tuesday
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Print Edition
Print Edition
HONG Kong's total retail sales value in December has been provisionally estimated to be HK$29.4 billion (US$3.8 billion), up 16 percent from the same month a year earlier, its Census and Statistics Department said yesterday.
After netting out the effect of price changes over the same period, the volume of total retail sales grew 11.3 percent.
The sales volume of jewelry, watches and clocks, and valuable gifts increased the most, by 30.4 percent, followed by motor vehicles and parts, 29.8 percent; electrical goods and photographic equipment, 23 percent; apparel, 9.6 percent and commodities in department stores, 9.3 percent.
The volume of sales of commodities in supermarkets recorded a 3.8 percent year-on-year fall.
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