Hongkong Retail Sales Volume Increased By 25.6% In January
The census and Statistics Department of Hongkong announced in March 3rd that the total retail sales in January amounted to 37 billion 600 million yuan, up 28.2% year on year. Total sales The number increased by 23.6% per year. In the 3 months ending January, the seasonally adjusted total retail sales volume increased by 3.5% over the quarter.
The Hongkong Statistical Office said that the Chinese New Year is in early February this year, and last year in the middle of 2, or retail sales will have a strong growth in the late January. However, retail sales in recent months have been flourishing, mainly reflecting the strong desire for local consumption and the booming tourism industry in Hong Kong.
In January this year, the volume of sales increased by year, with miscellaneous durability. consumer goods (85.9%), footwear and related products and other clothing accessories (46.1%), jewellery and clocks and gifts (33.3%), electrical and photographic equipment (28.5%), clothing (25.6%), miscellaneous consumer goods (20.5%), department store products (19.2%), supermarket goods (16.5%), automobile and motor vehicle parts (15.7%), food and alcoholic beverages and tobacco (13.6%), furniture and fixtures (12.8%) and fuel (12.8%).
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