Information from the Statistics and Census Service showed that value of total retail sales was estimated at MOP3.28 billion in the second quarter of 2007. Retail sales of watches, clocks & jewellery took the largest share of 14% of the total, which were followed by sales of goods in department stores (12%), motor vehicles (11%), goods in supermarkets (10%), adults' clothing (9%) and automotive fuels (5%). In this quarter, value of retail sales rose by 29% as against MOP2.54 billion in the second quarter of 2006, with marked increases in the sales of watches, clocks & jewellery, adults’ clothing, goods in department stores, goods in supermarkets and motor vehicles. In comparison with the estimate of MOP3.11 billion in the first quarter of 2007, value of retail sales in this quarter increased by 5%. In the first half of 2007, value of total retail sales amounted to MOP6.38 billion, up by 27% over the same period of 2006. In the second quarter of 2007, about 43% of the retailers reported decrease in the sales volume from the first quarter, down by 1 percentage point over the findings in the previous quarter, while 57% reported that the sales volume remained stable or increased. In terms of retail prices, about 57% and 18% reported that the prices were stable and showed increase respectively whereas 25% reported the prices decreased. Compared with the same quarter of 2006, about 70% said that the stock level was normal in the second quarter of 2007, while 21% indicated that the stock level was low. Regarding the business prospect for the third quarter of 2007, about 56% expected the sales volume to increase or remain stable compared with the second quarter, and 44% expected it to decrease. Meanwhile, about 80% expected the retail prices to remain stable or increase, while 20% expected it to decrease.
Is there anything wrong with this page?