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.

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

Dismiss