March retail sales data (percent change from a year earlier):
March February January December November October Sep
Value: 17.3 15.6^ 14.9 23.5 23.4 23.0 24.0
Volume: 13.4 10.1 9.1 17.1 16.9 15.0 15.1
- In the three months through March, the volume of sales fell 0.9 percent, seasonally adjusted, from the preceding three months.
- For a breakdown of March retail sales click on
A government spokesman said retail sales expanded strongly in March, reflecting fairly buoyant tourist spending and local consumer sentiment. Favourable labour market conditions and the strength of inbound tourism should continue to support the retail business in the near term.
Category: Hong Kong