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Retail sales up in Hong Kong

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Monday, 7th February 2005 (5715 views)

Retail sales have considerably increased in Hong Kong, with jewellery and watches both key areas of growth.<br/><br/>According to Business and Finance, sales in December were estimated at $18 billion, but had in fact increased by 8.7 per cent compared to the year before.<br/><br/>Retail sales rocketed in December due to stronger consumer demand and as economic recovery occurred.<br/><br/>The jewellery and watch sector saw retail sales increase by 5.3 per cent during the period.<br/><br/>In addition, when comparing 2004 with 2003, the sale of jewellery and watches was up by 12.2 per cent.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=7745817"/>

 

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