According to the latest figures released by Hong Kong’s Census & Statistics Department, an “upbeat consumer sentiment” boosted retail sales to $20.7 billion in October, up16.6% in terms of value and 12.8% in terms of volume compared with the same month in 2006.

The footwear, allied products and other clothing accessories sector posted above average growth of 19.3%, beaten only by electrical goods and photographic equipment which surged 32.5% and motor vehicles and parts sales which improved 29%.

October marked the fifth consecutive month of double-digit year-on-year improvement taking growth over the first 10 months to 11.7% in value and 9.3% in volume.

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