HK retail sales up 20.7% in April
Updated: 2013-05-31 10:36
(Xinhua)
|
|||||||||||
HONG KONG - The total retail sales value in April, provisionally estimated at HK$43.1 billion ($5.55 billion), rose 20.7 percent over a year earlier, the Census & Statistics Department of Hong Kong said Thursday.
After netting out the effect of price changes over the same period, the total retail sales volume increased 19.4 percent.
The revised estimate of total retail sales value in March grew 9.8 percent over the same period a year earlier, while the total retail sales volume rose 10.1 percent.
For the first four months of the year, total retail sales increased 15.5 percent in value and 15.1 percent in volume over the same period a year earlier.
Analyzed by broad type of retail outlet and comparing April 2013 with April 2012, the volume of sales of jewelry, watches and clocks, and valuable gifts increased 68.8 percent. This was followed by sales of miscellaneous consumer durable goods (44.8 percent in volume); commodities in department stores (21.6 percent) ; Chinese drugs and herbs (15.8 percent); medicines and cosmetics (12 percent); optical shops (9 percent); fuels (6.2 percent); motor vehicles and parts (4.8 percent); footwear, allied products and other clothing accessories (4.4 percent); wearing apparel (4.3 percent); commodities in supermarkets (2.4 percent); other consumer goods, not elsewhere classified (2.4 percent); food, alcoholic drinks and tobacco (0.4 percent).
The department said retail sales picked up strongly on a year- on-year basis in April, with the major boost provided by a surge in sales of the jewelry, watches and clocks, and valuable gifts outlets, due to a spike in gold-related sales during the month.
It expects the largely stable labor market conditions and buoyant inbound tourism to remain supportive for the retail business in the near term.
Related Stories
Beijing retail sales booming 2013-05-16 17:02
China's retail sales up 12.8% in April 2013-05-13 15:39
HK gold retailers swamped by mainland buyers 2013-05-02 01:03
Small stores rely on new retail revolution 2013-04-30 01:55
HK retail sales value up 9.8% in 2012 2013-02-01 13:51
Today's Top News
China corrects Japan on treaty's Diaoyu implications
Manila condemned over grounded warship
Russian envoy vows to boost ties
EU to step up investment in China
Higher education goes global
Plastic ban fails with ultra-thin bags
Flow test for water project gets underway
Campaign to help moms find breastfeeding rooms
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Etiquette: The class that teaches class |
A German fan of Chinese medicine |
They've got your number |
Never too old to learn new tricks |
Not what the doctor ordered |
Holding back the sands of time |