The Census and Statistics Department (C&SD) released the latest figures on retail sales.
The value of total retail sales in November 2006, provisionally estimated at $17.0 billion, increased by 7.4% over a year earlier. After netting out the effect of price changes over the same period, the volume of total retail sales increased by 4.8% in November 2006 over a year earlier.
The revised estimate of the value of total retail sales in October 2006, at $17.8 billion, increased by 7.0% over October 2005, while the volume of total retail sales increased by 5.2%.
Taking the first eleven months of 2006 together, total retail sales increased by 6.9% in value or 5.5% in volume over the same period a year earlier.
Analysed by type of retail outlet and comparing November 2006 with November 2005, the volume of sales of electrical goods and photographic equipment increased the most, by 11.9%.
This was followed by sales of motor vehicles and parts (+8.3% in volume); furniture and fixtures (+7.6%); food, alcoholic drinks and tobacco (+6.7%); miscellaneous consumer goods (+6.1%); commodities in department stores (+4.9%); jewellery, watches and clocks, and valuable gifts (+4.7%); fuels (+4.6%); and commodities in supermarkets (+3.0%).
On the other hand, the volume of sales of miscellaneous consumer durable goods and of wearing apparel decreased by 3.6% and 1.9% respectively in November 2006 compared with a year earlier, while the volume of sales of footwear, allied products and other clothing accessories remained virtually unchanged.
Based on the seasonally adjusted series, the volume of total retail sales increased by 1.3% in the three months ending November 2006 compared with the preceding three-month period.
The value of total retail sales in November 2006, provisionally estimated at $17.0 billion, increased by 7.4% over a year earlier. After netting out the effect of price changes over the same period, the volume of total retail sales increased by 4.8% in November 2006 over a year earlier.
The revised estimate of the value of total retail sales in October 2006, at $17.8 billion, increased by 7.0% over October 2005, while the volume of total retail sales increased by 5.2%.
Taking the first eleven months of 2006 together, total retail sales increased by 6.9% in value or 5.5% in volume over the same period a year earlier.
Analysed by type of retail outlet and comparing November 2006 with November 2005, the volume of sales of electrical goods and photographic equipment increased the most, by 11.9%.
This was followed by sales of motor vehicles and parts (+8.3% in volume); furniture and fixtures (+7.6%); food, alcoholic drinks and tobacco (+6.7%); miscellaneous consumer goods (+6.1%); commodities in department stores (+4.9%); jewellery, watches and clocks, and valuable gifts (+4.7%); fuels (+4.6%); and commodities in supermarkets (+3.0%).
On the other hand, the volume of sales of miscellaneous consumer durable goods and of wearing apparel decreased by 3.6% and 1.9% respectively in November 2006 compared with a year earlier, while the volume of sales of footwear, allied products and other clothing accessories remained virtually unchanged.
Based on the seasonally adjusted series, the volume of total retail sales increased by 1.3% in the three months ending November 2006 compared with the preceding three-month period.
