Total goods and service retail sales up in January

Total retail sales of goods and services in January were estimated at VND448.1 trillion, up 10.2 per cent year on year. – Photo tapchitaichinh.vn

Total retail sales of goods and services in January were estimated at VND448.1 trillion, up 3.6 per cent over the previous month and up 10.2 per cent year on year, according to the General Statistics Office (GSO).

If excluding the price factor, the retail sales this month rose by 7.2 per cent year on year.

January had good performance in retail sales of goods and services because businesses, shopping centres, supermarkets and business facilities actively prepared diversified sources of goods for before and during the Lunar New Year festival.

Of which, the retail sales of goods in January was estimated at VND346.2 trillion, up 6.3 per cent month-on-month and up 10.7 per cent year on year. The goods with a strong growth in retail sales year-on-year included food and foodstuffs (7.2 per cent), garment and textile (8.2 per cent), vehicles (6.7 per cent), cultural and education products (3.3 per cent), and household appliances, tools and equipment (6.1 per cent).

Some localities had a high growth rate in goods retail sales compared to the same period last year, such as Nghe An (18.7 per cent), Hai Phong (14.3 per cent), Ha Noi (14.7 per cent), Khanh Hoa (14 per cent), HCM City (13.3 per cent) and Binh Dinh (9.7 per cent).

Meanwhile, the revenue from accommodation and catering services in January this year was estimated at VND50.6 trillion, down 2.6 per cent over the previous month but up 6.8 per cent over the same period last year.

In January, this revenue rose by 14.2 per cent compared to the same period last year in Da Nang, 12 per cent in Hai Phong, 9.7 per cent Quang Tri, 6.5 per cent in Quang Nam, 6 per cent in Thai Binh, 5 per cent in Ha Noi and 4.5 per cent in HCM City.

The travelling service revenue in the month was estimated at VND4.2 trillion, down 2 per cent from the previous month but up 7.4 per cent over the same period last year. It rose by 16.6 per cent in Da Nang year on year, 9.2 per cent in Can Tho, 7.2 per cent in HCM City, 6.2 per cent in Hai Phong and 5.6 per cent in Ha Noi.

The revenue from other services was estimated at VND47.1 trillion, down 6.6 per cent from the previous month and up 10.7 per cent over the same period last year. - VNS