retail sales Archives - Inside Retail Asia
China retail sales posted solid growth in April, despite concerns over a slowing economy and the Sino-US trade war.
Singapore retail sales slid by 1.5 per cent in March, after excluding motor vehicle sales from the data.
An unprecedented 10-day holiday period in Japan, extended to celebrate the enthronement of Crown Prince Naruhito, saw unexpectedly low sales increases for Japanese businesses.
An extended May Day holiday has proved a boon for Chinese e-commerce, especially among millennial consumers and high-end brands.
Indonesian retail sales grew by 10.1 per cent in March following a 9.1 per cent increase in February, according to central bank survey data.
Retail sales may be down but Hong Kong restaurant sales rose by 3 per cent in the first quarter of this year.
Singapore retail sales plummeted 10 per cent year on year in February.
Indonesian retail sales surged 9.1 per cent in February – a rate higher than anticipated.
Hong Kong retail sales fell 1.6 per cent in the first two months of this year.
The Vietnam retail sector is forecast to record double-digit growth from 2019 to 2024.
Mainland China retail sales growth was stable during the first two months of this year.
Singapore retail sales rose by 5.3 per cent in January, underpinned by consumers stocking up ahead of the Lunar New Year holiday.