Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- Dubai Investments announces key leadership appointments
- Sipchem picks Achilles to boost its operational excellence
- Middle East spearheading $600bn global sports market growth
- Global markets react cautiously to trade policy developments
- CBO issues Treasury Bills Worth OMR20.3mn
- Omantel, du announce activation of Oman-UAE submarine cable
- Commercial Bank, QDB sign co-operation agreement to support SMEs in Qatar
- QSE index closes higher
- Alkhorayef Highlights Opportunities for Russian-Saudi Industrial Collaboration
- Saudi Arabia issues over 80k new commercial licenses in Q2 as business activity accelerates
31/03/2011 00:00 AST
Hong Kong's retail sales value increased 8.6 percent year-on-year in February after a 28.1 percent increase in January, the Census and Statistics Department said Thursday. Economists had expected sales to rise 18.5 percent.
During the same period, the volume of retail sales increased 5.1 percent annually, with the pace of increase decelerating from 23.6 percent in the previous month. This was also weaker than the 13.8 percent increase expected.
Based on the seasonally adjusted series, the volume of total retail sales increased 2.7 percent in the three months ended February compared with the preceding three-month period.
Commenting on the data, a government spokesperson said that going forward, improving job and income prospects will push up consumer confidence. This along with further growth in inbound tourism, will continue to support the retail business, the spokesperson added.
During the first two months of the year, sales value rose 18.8 percent compared to the same period last year. Sales, in terms of volume, grew 14.7 percent.
RTT News
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
08/07/2025
Stocks showed mixed performance on Monday, while the U.S. dollar remained near multi-year lows, amid market uncertainty related to potential changes in tariff policies. Officials indicated that updat
BNA
08/07/2025
The London Metal Exchange (LME) has recorded its highest quarterly volumes since 2014 thanks to the market turmoil that followed U.S. President Donald Trump's "Liberation Day" tariffs.
The L
Reuters
07/07/2025
Investors will be keeping a close eye on tariff headlines out of Washington next week, as a temporary suspension of punitive import levies is set to expire. If that Wednesday deadline passes without
Reuters
07/07/2025
After decades of battling deflationary stagnation, which started after the bust of the domestic asset price bubble in the late 1980s, Japan's macroeconomic environment has begun to change.
D
The Peninsula
07/07/2025
The United States is close to clinching several trade deals ahead of a July 9 deadline when higher tariffs kick in, US Treasury Secretary Scott Bessent said on Sunday, predicting several big announce
Asharq Al Awsat
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia