• Linkdin
Maximize your media exposure with Fibre2Fashion's single PR package  |   Know More

Retails of wearing apparel soar in March

29 Apr '08
3 min read

The Census and Statistics Department (C&SD) released the latest figures on retail sales April 29.

The value of total retail sales in March 2008, provisionally estimated at $22.6 billion, increased by 20.0% over a year earlier. After netting out the effect of price changes over the same period, the volume of total retail sales increased by 13.0% in March 2008 over a year earlier.

The revised estimate of the value of total retail sales in February 2008, at $22.8 billion, increased by 9.5% over February 2007, while the volume of total retail sales increased by 4.4%. This came after an increase of 23.2% in value or 17.6% in volume in January.

It should be noted that retail sales tend to show greater volatility in the first two months of a year due to the timing of the Lunar New Year, against the background that the local consumer spending normally attains a seasonal high immediately before the Festival. For the first two months of 2008 combined, retail sales increased by 16.4% in value or 11.0% in volume from a year earlier.

Taking the first quarter of 2008 together, total retail sales increased by 17.5% in value or 11.6% in volume over the same period a year earlier.

Analysed by type of retail outlet and comparing March 2008 with March 2007. The sales of wearing apparel (+19.0%); furniture and fixtures (+16.9%); miscellaneous consumer goods (+15.7%); footwear, allied products and other clothing accessories (+13.2%); commodities in department stores (+11.5%); jewellery, watches and clocks, and valuable gifts (+10.7%); commodities in supermarkets (+4.9%) and miscellaneous consumer durable goods (+4.7%).

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search