Taiwan Retail Sales Grow For Second Month
Taiwan’s retail sales rose for a second straight month in August, official data showed on Wednesday.
Retail sales grew 8.17 percent year-on-year following a revised 2.79 percent increase in July.
Automobile sales jumped 33.5 percent. Sales at non-specialized stores rose 5.7 percent, led by a 15.6 percent gain at convenience stores.
Online and mail-order sales increased 16.4 percent. Sales of fuel and related products decreased 14.9 percent.
Sales of food and beverage services grew 2 percent year-on-year in August. Wholesale trade sales edged up 0.1 percent, largely hurt by a 17 percent decline in the textile and clothing segment.