retail sales
Total retail sales rebounds, up 11.7% in April in face of local outbreak
The value of total retail sales was estimated at $30.2b.
Retail sales value up by 4.1% in January
The growth, however, was lower than the December 2021 record of 6.1%.
Growth in retail sales to crash to 0% in 2022 if…
In 2021, the growth in retail sales was 8.1%.
Retail sales jump 12% YoY to $30.7b in October
A government spokesman attributed the increase to entrenched economic recovery.
Retail sales up 10.5% to $29.6b in May
The sector will remain challenged despite expected boost from e-vouchers launch.
Retail sales up 12.1% in April but still below pre-COVID levels
The pause on inbound tourism continues to drag retail sales.
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Commentary
Ginza-style commercial building in neighbourhood areas attracts local consumption