Retail sales increased 29.1% y/y in July.

By bne IntelliNews August 30, 2011
Hong Kong's value of total retail sales increased 29.1% y/y reaching HKD 35.2bn during July this year as compared to HKD 31.3bn posted in June. As reported by news.gov.hk, according to data released by Census & Statistics Department, the volume of total retail sales grew 22.4%, after netting out the effect of price changes over the same period. The total retail sales increased 25.1% y/y in value and 19.6% y/y in volume during the first seven months of this year.

Retail sales increased 29.1% y/y in July.

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