Retail sales expected to increase 16%-17% in 2011.

By bne IntelliNews July 8, 2011
Hong Kong's retail sales are expected to increase by an average 16%-17% this year, sustained by the positive income expansion. As reported by Dow Jones International News, the retail sales, by value, increased 27.8% y/y in May, which was unaltered as compared to April. The risk to the retail sales growth momentum is expected to be the increasing inflationary pressures. The inflation increased to a 34-month high of 5.2% in May.

Retail sales expected to increase 16%-17% in 2011.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss