retail sales Archives - Inside Retail Asia
Singapore retail sales in February fell by 10.2 per cent, excluding motor vehicles.
Japanese retail sales have recorded a distinct uptick as consumers enter panic-buying mode in response to the coronavirus outbreak, according to Nikkei Asian Review.
South Korean retail sales surged 9.1 per cent in February, despite the advent of the coronavirus pandemic.
Retail Group Malaysia predicts Malaysian retail sales will contract by 3.9 per cent year-on-year in the first quarter of this year.
Retail sales in Mainland China slumped by 20.5 per cent in the first two months of this year according to government figures – providing a glimpse of what lies ahead for retailers in other countries.
Singapore retail sales in January rose by 0.6 per cent, but it will be another month until the effects of the growing coronavirus crisis is evident.
Hong Kong retail sales slumped 21.4 per cent in January, further than the 19.4 per cent of December – but the worst is yet to come.
South Korean retail sales rose in January based on an increased demand for holiday gifts and sanitation items.
Indonesian retail sales have witnessed a downturn despite festive season, according to a survey conducted by Bank Indonesia
Retail sales in Vietnam’s commercial capital Ho Chi Minh City were estimated at US$4.8 billion last month, up by 11.2 per cent year on year.
Hong Kong retail sales in December slumped 19.4 per cent, a softer fall than November’s 23.7 per cent, but continuing the decline which began with the civil unrest after June.
Retail sales in Japan dropped 2.6 per cent year on year during December, according to data released by the Ministry of Economy, Trade and Industry.