Total retail sales of consumer goods, services increases by 5.6 percent in January

Economy

Total retail sales of consumer goods, services increases by 5.6 percent in January

Thursday, February 17, 2022

YBO - The total retail sales of consumer goods and services of Yen Bai province was estimated at over 1.6 trillion VND (70,700 USD) in January, up 5.6 percent compared to the previous month and 6.17 percent year-on-year.

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The growth of the retail sector was attributed to people’s rising demand for goods, food and foodstuffs on the occasion of Tet (Lunar New Year) Festival.

Revenue from the retail sales of food and foodstuffs increased by 8.33 percent over the previous month and by 6.46 percent over the same period last year.

The increase was seen in the sales of household utensils and equipment which rose by 4.09 percent and 4.5 percent, respectively; food and construction materials, 4.3 percent and 5.6 percent; automobiles of all types, 2.5 percent and 4.6 percent; and precious stones and metals, 7.2 percent and 9.9 percent. However, revenue from accommodation, catering and travel services decreased over the same period due to the impact of the COVID-19 pandemic.

Thanh Chi - Duc Toan

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Economy