Retail sales index in Hong Kong, May, 2020
For that indicator, we provide data for Hong Kong from October 2004 to May 2020. The average value for Hong Kong during that period was 80.02 index points with a minimum of 45.5 index points in November 2004 and a maximum of 134.6 index points in January 2014.
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* indicates monthly or quarterly data series
Measure: index points
Source: Census and Statistics Department Hong Kong
Definition: The retail sales index is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction. The retail sales index measures only the volume changes, i.e. price level changes are excluded.