Reported 8 months ago
As reported by the Department of Statistics, wholesale, retail, and catering industry revenues in May reached new highs due to strong domestic consumption, with both retail and catering sectors achieving record revenues while maintaining real growth after adjusting for price increases. Retail revenue in May hit NT$400.9 billion, marking the longest 33-month continuous growth period in history. Catering revenue also reached new highs, with both sectors expected to continue setting records if the growth momentum persists in the second half of the year. Positive growth trends were also observed in the catering industry, with revenues in May hitting NT$84.9 billion, a 4.1% increase from the previous year, maintaining continuous growth for four months. Despite inflation, the retail and catering industries are still achieving real growth. The article also discusses positive forecasts and growth expectations for the wholesale, retail, and catering industries in the upcoming months.
Source: YAHOO