Retail sales drop 1.9 pct in Q1

2019-05-27 07:52
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Retail sales in the first quarter of this year fell by 1.9 percent year-on-year to 20.38 billion patacas, the Statistics and Census Bureau (DSEC) has announced.

Quarter-on-quarter, however, sales were up by 2.6 percent.

In the first three months of the year, timepieces and jewellery accounted for 20.9 percent of the total value of retail sales, followed by goods in department stores (17.6 percent), leather goods (13.6 percent) and adults’ clothing (12.4 percent).

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