Text Version
RSS Feeds
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  -Text Version
  -RSS Feeds
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
Hong Kong's retail sales fall 4.8% in June
+ -
08:05, August 04, 2009

 Related News
 German retail sales fall in June
 Japan's household spending up 0.2% in June
 Japan's consumer prices fall 1.7% in June
 Japan's jobless rate hits 6-year high in June
 Comment  Tell A Friend
 Print Format  Save Article
Hong Kong's monthly retail sales value in June fell to 21.1 billion HK dollars (2.72 billion U.S. dollars), down 4.8 percent over the same month last year, the Hong Kong Special Administrative Region (HKSAR) government said on Monday.

Total retail sales in the first half of the year fell 4.5 percent in value or 5.4 percent in volume when compared with the same period last year, HKSAR government's Census and Statistics Department said.

Despite the year-on-year reduction, consumer confidence has firmly held up in recent months, as retail sales showed a smaller year-on-year decline in June than in May, a government spokesman said.

He said although the near-term outlook for retail business has continued to be affected by the uncertainties surrounding the pace of economic recovery and the impact of influenza A/H1N1, yet the recent stabilization of the overall economic situation, the HKSAR government's additional relief measures and the better performance of asset markets have all given some support to the retail trade.

The volume of sales of motor vehicles and parts fell most at 15.2 percent, followed by apparel at 10.6 percent, and jewelery, watches and clocks, and valuable gifts at 8.2 percent.

Other types of goods recorded decreases in the volume of sales including furniture and fixtures at 6.9 percent, commodities in department stores at 6.4 percent, footwear, allied products and other clothing accessories at 5 percent as well as food, alcohol and tobacco at 1.4 percent.

The volume of sales of fuels and commodities in supermarkets grew at 2.7 percent and 1.2 percent while electrical goods and photographic equipment grew by 0.8 percent.


  Your Message:   Most Commented:
Unveiled Rebiya Kadeer: a Uighur Dalai Lama
80 pct of netizens agree China should punish Facebook
LA police: Michael Jackson death may have been 'homicide'
Chinese netizens call for punishing Turkey
Al-Qaida threatens Chinese abroad

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved