首页 - 股票 - 研报 - 宏观研究 - 正文

Hong Kong:Less negative retail sales growth in October

关注证券之星官方微博:

Main points:

October retail sales growth (in value terms) was -2.9% yoy, less negative than -4.0%yoy in September. On a month-over-month basis after seasonal adjustment, value ofretail sales expanded around 1% in October, vs +4.3% in September. According tothe government, during the first week of October (i.e. the golden week national dayholiday for mainland China), the number of mainland visitors increased 7% yoy,although for the full month of October, mainland tourist arrivals were still down 3.5%yoy. Among major categories under retail sales, jewelry, watches and clockscontributed the most to the less negative headline retail sales year-over-year growth.Sales of jewelry, watches and clocks recovered from -12.3% yoy in September to -0.1% yoy in October. Other categories showing improvements in year-over-yeargrowth include supermarkets, department stores and food/alcoholic drinks andtobacco.

In volume terms, retail sales growth also turned less negative - Year-over-year growthwas -2.7% in October, vs -3.8% in September. Similar to retail sales value, thejewelry, watches and clocks category showed the biggest improvement in year-overyearterms, followed by sales in supermarkets, food/alcoholic drinks and departmentstores.





微信
扫描二维码
关注
证券之星微信
APP下载
下载证券之星
郑重声明:以上内容与证券之星立场无关。证券之星发布此内容的目的在于传播更多信息,证券之星对其观点、判断保持中立,不保证该内容(包括但不限于文字、数据及图表)全部或者部分内容的准确性、真实性、完整性、有效性、及时性、原创性等。相关内容不对各位读者构成任何投资建议,据此操作,风险自担。股市有风险,投资需谨慎。如对该内容存在异议,或发现违法及不良信息,请发送邮件至jubao@stockstar.com,我们将安排核实处理。如该文标记为算法生成,算法公示请见 网信算备310104345710301240019号。
网站导航 | 公司简介 | 法律声明 | 诚聘英才 | 征稿启事 | 联系我们 | 广告服务 | 举报专区
欢迎访问证券之星!请点此与我们联系 版权所有: Copyright © 1996-